Stocks to Watch, 24 September: Stocks like Swiggy, Akzo Nobel India, Dilip Buildcon, HCL Technologies, Torrent Power, Bajaj Electricals, VMS TMT, Ceinsys Tech, Sudarshan Chemical Industries, and VIP Industries will be in focus on September 24.
Stocks to Watch, 17 September: Stocks like Urban Company, Jindal Steel, PNC Infratech, Akzo Nobel India, RailTel Corporation of India, Coal India, Tech Mahindra, Bharat Electronics, Dev Accelerator, Amber Enterprises, NLC India, and Premier Explosives will be in focus on September 17.
Stocks to watch, 14 July: Stocks like Avenue Supermarts, NCC, Kolte-Patil Developers, VIP Industries, Sula Vineyards, Wockhardt, Akzo Nobel India, Gland Pharma, and Travel Food Services will be in focus on July 14.
Stocks to Watch, 10 July: Stocks like Tata Consultancy Services, Cryogenic OGS, Embassy Office Parks REIT, Indosolar, Enviro Infra Engineers, Emcure Pharmaceuticals, HCL Technologies, and Crizac will be in focus on July 10.
Asian Paints sold 20,10,626 shares of Akzo Nobel India at Rs 3,651 apiece
JSW Paints’ acquisition of the Dulux-maker has been designed as a win-win for all including shareholders, but much depends on what happens next
JSW Paints agreed to acquire up to 74.76 percent stake in Akzo Nobel India for up to Rs 8,986 crore, following approval from CCI.
JSW Paints, which has failed to capture a meaningful market share in decorative paints business, is reported to have emerged as the winning bidder for AkzoNobel NV's stake in its India subsidiary, AkzoNobel India, for around Rs 9,000 crore
Akzo Nobel India received a binding offer from parent Akzo Nobel N.V. for the sale of its powder coatings business and R&D Centre.
JSW, Indigo Paints are also in the fray to acquire stake in the Dulux maker, the channel reported
Stocks To Watch Today, Jan 7: Stocks like SH Kelkar and Company, Ashoka Buildcon, Vodafone Idea, Bharti Airtel, Coal India, Power Grid Corporation, Nuvoco Vistas Corporation, Ador Welding, Vakrangee, InterGlobe Aviation, Piramal Pharma, Rudra Gas Enterprise, KIOCL, and Bharat Petroleum Corporation will be in focus on January 7.
"The Board of Directors of the company, at its meeting held on January 6, 2025, took note of the above said and authorised the company's management to commence exploratory steps as may be required to evaluate and examine the aforesaid potential transactions," the filing by Akzo Nobel India said.
Shares of Akzo Nobel India, the maker of Dulux Paints, are witnessing strong buying interest as the race reportedly narrows down to three major players that are in the fray. Parent Akzo Nobel has hired Citigroup to conduct the India asset sale.
Stocks like Aurobindo Pharma, Escorts Kubota, CESC, BSE, Mahindra Lifespace Developers, Cochin Shipyard, Protean eGov Technologies, VST Industries, Jyoti Structures, Central Bank of India, Prakash Industries, and Sterlite Technologies will also be in focus on November 25.
The maker of Dulux Paints said its consolidated net profit rose to 979 million rupees ($11.61 million) in the July-September quarter, from 942 million rupees a year ago
Induslnd Bank, Poonawalla Fincorp, AU Small Finance Bank, Godrej Properties, Macrotech Developers, Federal Bank, Metropolis Healthcare, Antony Waste Handling Cell, and One 97 Communications Paytm will be in focus on October 7.