SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Kansai Nerolac Paints rises on plan to acquire 68% stake in Nepal Shalimar

21 Jun 2012 Evaluate

Kansai Nerolac Paints is currently trading at Rs. 884.00, up by 11.75 points or 1.35% from its previous closing of Rs. 872.25 on the BSE.

The scrip opened at Rs. 887.95 and has touched a high and low of Rs. 919.00 and Rs. 878.10 respectively.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 970.00 on 10-Apr-2012 and a 52 week low of Rs. 790.05 on 29-Aug-2011.

Last one week high and low of the scrip stood at Rs. 919.00 and Rs. 865.00 respectively. The current market cap of the company is Rs. 4764. crore.

The promoters holding in the company stood at 69.27% while Institutions and Non-Institutions held 11.23% and 19.50% respectively.

Kansai Nerolac Paints (KNPL) is in the process of finalizing its 68% stake acquisition in one of the leading paint manufacturers in Nepal, Nepal Shalimar (NSPL). The investment to be made by the company towards this proposed acquisition shall be about NPR 12.58 crore (around Rs 7.55 crore).

Besides, the company would also be giving a loan of NPR 10.20 crore (around Rs 6.12 crore) to fund the working capital requirement of NSPL. Nepal Shalimar currently commands a market share of 8%. It had a turnover of NPR 20.57 crore (Rs 12.34 crore) in 2010-11.

KNPL will be utilizing the manufacturing set up of Nepal Shalimar and will manufacture the Nerolac range of products that are currently exported to Nepal. Further, this investment by the company in NSPL is subject to the approval from the concerned authorities in India and Nepal.

Kansai Nerolac Paints is engaged in the industrial, automotive and powder coating business. The company’s brands include Impressions, Beauty, Excel and Surakhsa.

Kansai Nerolac Paint Share Price

203.05 2.35 (1.17%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Asian Paints 2463.40
Berger Paints India 468.80
Kansai Nerolac Paint 203.05
JSW Dulux 2930.65
Indigo Paints 839.55
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×