Asian Paints share rises 6% on price increase

Asian Paints

Asian Paints share price added nearly 6 percent on October 27 after the company hiked prices by 7-10 percent.

Asian Paints increased by 10 percent prices across product portfolio except for enamels (6-7 percent price hike); blended price increase at the portfolio level is 8-9 percent, Kotak Institutional Equities said in a report citing dealer interactions. The new prices will be effective from November 12, it said.

News Source:- Moneycontrol

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