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Kansai Nerolac Ltd is a subsidiary of Kansai Paint Firm of Japan, which is able to personal 74.99% of the Indian firm as of March 2022. In keeping with CRISIL (Could 2022), the corporate is a number one participant within the family industrial paints phase. Kansai Nerolac, which has a big portfolio, has wholesome relationships with established automobile producers of two-wheelers, passenger vehicles, business automobiles and tractors.
The slowdown within the automotive sector and rising commodity costs got here as a double blow to Kansai Nerolac. With some segments of the auto trade seeing a restoration and indicators of declining commodity costs, will the inventory regain the valuations it had within the good previous days? Kansai Nerolac Ltd is a subsidiary of Kansai Paint Firm of Japan, which owns 74.99% of the Indian firm as of March 2022.
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