While the company successfully retains market share, emerging competition casts a shadow on the stock's potential
Competition is posing a big challenge to the company, going forward
Varun Lohchab does not see significant deterioration in Q2 growth rates for most of the companies compared to Q1 though there may not be any uptick from the current levels as urban consumption continues to be modest.
Asian Paints started in 1942, reached the top of the Indian market in 1967 and has stayed there ever since. It now sells through 35,000 dealers across India.
Established Supreme Court jurisprudence asks for the tax department to show consistency in how it taxes 2 assessees in similar condition.