Latest news with #BirlaOpusPaints
Time of India
14 hours ago
- Business
- Time of India
Birla Opus Paints files abuse complaint with CCI against Asian Paints
Asian Paints shares will be in focus on Monday after Birla Opus Paints , a unit of the Birla Group , filed a complaint with the Competition Commission of India (CCI), accusing the company of abuse of dominance, according to sources cited by CNBC-TV18. Grasim Industries , which owns Birla Opus Paints, reportedly filed the complaint in November 2024, alleging that Asian Paints threatened dealers with reduced credit limits and withdrawal of contracts if they engaged with Grasim. The complaint also accuses Asian Paints of delaying supplies and restricting access to tinting machines as a pressure tactic. Asian Paints, India's largest paint manufacturer, holds 53% of the country's installed paint production capacity and has a vast distribution network of over 74,000 dealers across 1.6 lakh touchpoints. Sources said the CCI is expected to soon initiate a formal investigation into the allegations, with an order for a probe likely in the near future. Asian Paints Q4 Earnings Asian Paints reported a 45% year-on-year decline in consolidated net profit to Rs 692 crore in Q4FY25, down from Rs 1,257 crore in the same period last year. Revenue from operations fell 4% YoY to Rs 8,330 crore. Profit before depreciation, interest, tax, other income, and exceptional items (PBDIT) dropped 15% YoY to Rs 1,436 crore. The PBDIT margin slipped to 17.2% from 19.4%. Asian Paints Share Price Target and Performance According to Trendlyne, the average target price for Asian Paints is Rs 2,289, implying a potential upside of 2%. Of the 35 analysts covering the stock, the consensus rating is 'Sell'. The stock has declined 23% over the past year and 30% over the last two years. Its current market capitalisation stands at Rs 2.15 lakh crore.
Time of India
16 hours ago
- Business
- Time of India
Asian Paints shares in focus after Birla Opus files abuse complaint; CCI probe likely
Asian Paints shares will be in focus on Monday after Birla Opus Paints, a unit of the Birla Group, filed a complaint with the Competition Commission of India (CCI), accusing the company of abuse of dominance, according to sources cited by CNBC-TV18. Grasim Industries , which owns Birla Opus Paints, reportedly filed the complaint in November 2024, alleging that Asian Paints threatened dealers with reduced credit limits and withdrawal of contracts if they engaged with Grasim. The complaint also accuses Asian Paints of delaying supplies and restricting access to tinting machines as a pressure tactic. Asian Paints, India's largest paint manufacturer, holds 53% of the country's installed paint production capacity and has a vast distribution network of over 74,000 dealers across 1.6 lakh touchpoints. Sources said the CCI is expected to soon initiate a formal investigation into the allegations, with an order for a probe likely in the near future. Also Read: Dixon Technologies, LIC Housing Finance among 10 mid-cap stocks analysts expect to gain up to 40% Live Events Asian Paints Q4 Earnings Asian Paints reported a 45% year-on-year decline in consolidated net profit to Rs 692 crore in Q4FY25, down from Rs 1,257 crore in the same period last year. Revenue from operations fell 4% YoY to Rs 8,330 crore. Profit before depreciation, interest, tax, other income, and exceptional items (PBDIT) dropped 15% YoY to Rs 1,436 crore. The PBDIT margin slipped to 17.2% from 19.4%. Asian Paints Share Price Target and Performance According to Trendlyne, the average target price for Asian Paints is Rs 2,289, implying a potential upside of 2%. Of the 35 analysts covering the stock, the consensus rating is 'Sell'. The stock has declined 23% over the past year and 30% over the last two years. Its current market capitalisation stands at Rs 2.15 lakh crore. Also Read: India's top 10 priciest stocks in 2025: MRF to Elcid, see who tops the list ( Disclaimer : Recommendations, suggestions, views, and opinions given by the experts are their own. These do not represent the views of The Economic Times)
Hans India
02-05-2025
- Lifestyle
- Hans India
This Summer, bring in more serenity and sophistication into your spaces with these fivelor trends
Since the start of the year, we've seen consumers being keen on creating spaces that reflect their personality. But over and above that, a shift to palettes of soft pastels, earthy warmth, and nature-inspired hues is also being observed across the paint and interior industry - as consumers are hoping to bring in more serenity and sophistication into their spaces. And as summer 2025 has arrived, we believe that interior and décor trends have leaned towards sun-washed pinks, breezy ocean blues, muted terracottas, and verdant greens, creating effortless yet refined aesthetics for home-owners. Let's explore the top five color trends with shade recommendations from Birla Opus Paints for summer 2025 and how you can incorporate them into your home: Sakura Blossom: A Dreamy Escape (Pillowy Bread) Inspired by the fleeting beauty of cherry blossom season, soft pinks and muted pastels infuse interiors with an ethereal charm, evoking warmth, nostalgia, and delicate romance. To bring Sakura Blossom into your home, envelop your walls in dreamy hues complemented by sheer drapes, plush textures, and floral accents that mirror the serenity of a Japanese spring. Paired with airy neutrals, Sakura Blossom turns any space into a tranquil retreat, bringing the serenity of cherry blossom season into your home. Coastal Calm: A Breath of Ocean Breeze (Periwinkle Blue) If you're drawn to the serenity of the sea, embrace breezy blues and crisp whites to bring the tranquil charm of a coastal retreat into your home. Soft, airy hues mirror the endless sky and rolling waves, while neutral tones reflect the softness of sun-bleached sands. To complete the feel of the room, incorporate sheer curtains that let in abundant natural light, evoking the gentle movement of ocean breezes and creating a sense of calm. Sun-Kissed Terracottas: Earthy & Warm (Malai on Top ) For a more grounded and inviting look, embrace warm, sunlit hues that echo the richness of terracotta, clay, and soft beige, bringing the charm of Mediterranean landscapes into your home. These earthy tones exude effortless warmth, reminiscent of sun-drenched villas and rustic stone pathways. Natural textures like woven rattan, aged wood, and artisanal ceramics complement the palette, enhancing its depth and authenticity. 4. Verdant Retreat: Nature's Tranquility (Arctic Blue ) Rejuvenate your home with subtle yet lush blues and greens that bring in the freshness of nature. These colors evoke a sense of serenity, balance, and connection with the outdoors—perfect for homes that embrace wellness and sustainability. Luxe Neutrals: Effortless and Chic (Tip of the Iceberg) For those who appreciate understated themed homes, a palette of warm neutrals and soft whites brings a sense of quiet luxury to any space. Subtle variations in tone, from creamy ivories to sandy beiges, add warmth and dimension, making your home feel both serene and impeccably styled. Which trend will you try this season? Let your walls do the talking!
