In 2-3 years, can the paints business account for 15-20% of Grasim profit? Kaustubh Pawaskar answers
Kaustubh Pawaskar of Sharekhan says "Grasim Paints poses a threat to smaller players in the paint industry, while Asian Paints' market share remains stable. Pricing competition and distribution expansion is going to impact margins. ITC's potential acquisition of Prataap Snacks aligns with its FMCG growth strategy, leveraging distribution and manufacturing capabilities."
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