Kansai Nerolac Limited (KNL) is the second largest coating company in India and a market leader in the area of industrial coatings. The latter services clients in the automotive, powder, general Industrial and high performance coatings space. KNL is ... Morepromoted by Kansai Paints, Japan. It may be noted that, apart from Japan and the US, India ranks among the top three international markets for Kansai Paints, which is one of the top ten coating companies in the world. KNL is the market leader as the OEM paint supplier to the likes of Maruti, Mitsubishi and Tata Motors. To reduce the dependency on automotive paints, Kansai Nerolac has been making efforts to increase contribution from the decorative paint market. Nerolac Paints is the company's well established brand in decorative paints segment.
Established in 1923, Berger Paints is the amongst the largest paint manufacturers in India. The company manufactures and markets decorative & industrial paint products under various product brands. It has operations spread across India with seven man... Moreufacturing facilities and more than 85 depots, several regional & area offices. It also has four facilities overseas. It employs over 2,500 people and has a distribution network of over 15,000 dealers. The company acquired Bolix, a Poland based company in April 2008, which is a leading provider of External Insulation Finishing Systems (EIFS), a comprehensive solution for meeting both the insulation and decorative requirements of external walls of buildings.
Stock Price Chart: kansai nerolac Vs. berger paints
Global markets ended the week on a dull note with most of the markets ending flat or in the negative territory. Brazil's and China's indices were the only ones which ended the week on a positive note, with gains of 0.5% and 0.3% respectively.