Motilal Oswal is bullish on Grasim has recommended buy rating on the stock with a target price of Rs 3410 in its research report dated November 05, 2025.
Given the ex-CEO's active engagement on scaling the paints business amid tough competition, investor sentiment may be cautious in near-term, said global brokerage Jefferies
Aditya Birla Group veteran Himanshu Kapania, who is the managing director of Birla Opus, will now oversee day-to-day operations at the paints division, Grasim announced in a stock exchange filing
The company's topline increased by 26 percent year-on-year to Rs 9,610 crore for the reported quarter
Motilal Oswal is bullish on Grasim has recommended buy rating on the stock with a target price of Rs 3500 in its research report dated August 09, 2025.
At close, the Sensex was down 765.47 points or 0.95 percent at 79,857.79, and the Nifty was down 232.85 points or 0.95 percent at 24,363.30. About 1494 shares advanced, 2384 shares declined, and 133 shares unchanged.
The action came after Birla Opus Paints complained to CCI that Asian Paints was placing restrictive conditions on vendors and distributors.
The company's management also noted that Birla Opus has reached a "high-single digit" market share in the paints segment, and has touched 10 percent including the group's wall putty business
In case UltraTech chooses to be aggressive with pricing in the C&W foray, in order to corner greater market share, the move will negative impact the margins for the business, hurting the existing players.
Grasim Q3: Company reports standalone net loss of Rs 168.7 crore. NALCO Q3 Results | Net profit zooms 3x to ₹1,566 crore. Apollo Hospitals Q3 Results: Net profit up 51.8 % YoY at Rs 372 crore. Escorts Kubota Q3 net profit rises 8% to Rs 290 crore
The slowdown for most paint players likely started in Q4FY24 and intensified through the early quarters of FY25, amid rising crude prices and weakness in demand for the decorative paints segment, especially in the rural market.
Analysts had expected revenue from operations to see a year-on-year (YoY) rise of 17-20 percent and net profit to likely rise by 18 percent YoY, according to estimates from three brokerages
Dulux's share at 5 percent of the Indian paints market may be minuscule compared to bigger rivals such as Asian Paints and Berger Paints but its strong presence in the premium segment gives it a hard-to-beat cachet
Motilal Oswal is bullish on Grasim has recommended buy rating on the stock with a target price of Rs 2840 in its research report dated May 23, 2024.