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Grasim Industries' Scaling Up Of Paint Business Exudes Confidence, ICICI Securities Says— Maintaining 'Buy'
Tracking the beaming confidence, ICCII Securities sees limited risk to its Rs 40 billion revenue estimate for the paint segment for FY26, hence maintains Buy on Grasim,
19 Mar 2025, 10:52 AM IST 
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Buoyed by the success of its economy range products, Birla Opus is set to foray into the premium segment category.
(Photo Source: NDTV Profit - Birla Opus paint canisters travel along a conveyor at the Grasim Industries Ltd.'s paint factory in Panipat, Haryana)
Flushed with initial success of product/brand acceptability in the market, Grasim is on track to meet its guidance of seizing a high-single-digit industry market share (on Mar’25 exit basis). Further, buoyed by the success of its economy product range (fetching repeat orders from dealers), Grasim is all set to make its mark in premium decorative paint segment (fortified by recent commissioning of its plant in Mahad).
