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HDFC Securities: Kansai Nerolac - Joined At The Hip With Auto

Nerolac is likely to safeguard margins until a recovery in India’s auto sector, battered by a slowdown and lockdown, is in sight.

An employee places a lid on a tin of ready mixed blue paint inside a paints and coatings factory. (Photographer Jasper Juinen/Bloomberg)
An employee places a lid on a tin of ready mixed blue paint inside a paints and coatings factory. (Photographer Jasper Juinen/Bloomberg)
BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.
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