Asian Paints Share Price Records Life time High
Author: Richa Kalra
India’s leading Paint Company and Asia’s second largest paint company, Asian paints has a group turnover of Rs 155.34 billion. The group has a top class reputation in the corporate. Asian Paints share price runs in 19 countries and has 26 paint manufacturing facilities in the world catering to the needs of the consumers in over 65 countries. Asian Paints share price was ranked among the ‘200 Best Small Companies in the World’ for 2002 and 2003 by Forbes Global magazine USA. Also it received the 'Best under a Billion' award, to the company. Asian Paints is the only paint company in the world to gain this appreciation. On 14th July Asian paints share price opened at Rs. 1017.25 from a previous closing of Rs. 1009.50 up by 0.81 % on NSEOver the past 25 years, Asian Paints share price turned to be a corporate force and the leading paint company in India. Asian paints has been the market leader in paints since 1967 considering the strong consumer-focus and innovative spirit As of now it is double the size of any other paint company in India.It has also introduced many innovative concepts in the Indian paint industry like Kids World, Colour Next, Colour Worlds, Home Solutions, and Royale Play Special Effect Paints. It has also introduced ‘wall coverings’ under its portfolio. Asian Paints has always stayed in terms of providing consumer experience. It has set up certain Signature Stores in Delhi, Mumbai and Kolkata in India, where consumers are educated on topics varying from colours and how it can change their homes. Asian Paints is present in the waterproofing segment as well and offers various solutions through ‘smartcare’ range of products. Asian Paints even operates through ‘PPG Asian Paints Pvt Ltd’ in order to increase the requirements of the Indian automotive coatings market. The second 50:50 JV with PPG named ‘Asian Paints PPG Pvt Ltd’ services the protective, industrial powder, industrial containers and light industrial coatings markets in India. The total revenue earned by Asian Paints for the quarter ended March ’16 amounts to Rs. 3219.07.