SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Kansai Nerolac Paints gains on acquiring entire stake in Marpol

09 Apr 2018 Evaluate

Kansai Nerolac Paints is currently trading at Rs. 504.30, up by 3.45 points or 0.69% from its previous closing of Rs. 500.85 on the BSE.

The scrip opened at Rs. 501.25 and has touched a high and low of Rs. 504.30 and Rs. 501.20 respectively.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 608.00 on 29-Dec-2017 and a 52 week low of Rs. 375.55 on 07-Apr-2017.

Last one week high and low of the scrip stood at Rs. 511.95 and Rs. 496.65 respectively. The current market cap of the company is Rs. 27,177.00 crore.

The promoters holding in the company stood at 74.99%, while Institutions and Non-Institutions held 15.58% and 9.43% respectively.

Kansai Nerolac Paints has completed the formalities for acquisition of the equity stake and has acquired the 100% equity share holding of Marpol. Earlier, the company had entered into Share Purchase Agreements (SPAs) to acquire 100% equity stake in Marpol for an aggregate consideration of Rs 36 crore.

Marpol is a pioneer in powder coating business and its brand is very reputed. It manufactures products such as epoxy polyester, pure polyester, pure epoxy and polyurethane powder.

Kansai Nerolac Paints is amongst the leading paint companies in India. The company offers a range of products, including decorative, Automotive Coatings and Performance coatings.

Kansai Nerolac Paint Share Price

195.95 -4.65 (-2.32%)
24-Apr-2026 12:35 View Price Chart
Peers
Company Name CMP
Asian Paints 2481.00
Berger Paints India 461.00
Kansai Nerolac Paint 195.95
JSW Dulux 2944.40
Indigo Paints 861.00
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:

×