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Asian Paints Ltd.
BSE: 500820 | NSE: ASIANPAINT
Large Cap | Paints
2674.65
-75.55 (-2.75%) Asian Paints’ manufacturing facilities working at up to 70% capacities due to pandemic
Date: 04-08-2020Asian Paints’ manufacturing facilities are working at up to 70 per cent capacities due to the impact of COVID-19 pandemic and resultant lockdowns. Its business has picked up progressively in tier 2, 3, 4 cities where the demand conditions were better, while in metros and some tier 1 cities, the pace of recovery is slow.
Asian Paints is engaged in the business of manufacturing, selling and distribution of paints, coatings, products related to home decor, bath fittings and providing of related services. The Company's business segments are Paints and Home Improvement.