Akzo Nobel India Ltd News
AkzoNobel N.V. to acquire Indian arm's powder coatings business
The transaction also includes the sale and transfer of intellectual property rights for the decorative paints business in India, Bangladesh, Bhutan, and Nepal for Rs 1,152 crore
 "AkzoNobel N.V. to acquire Indian arm's powder coatings business")
PE giant Blackstone joins race to acquire Akzo Nobel paints business
While JSW Group is not expected to make an aggressive offer, Kolkata-based Berger Paints has already dropped out of the race citing high valuation
 "PE giant Blackstone joins race to acquire Akzo Nobel paints business")
Akzo Nobel India Q3 result: Profit dips slightly by 4.6% to Rs 108.6 crore
Paints and coatings maker Akzo Nobel India Ltd on Friday reported a decline of 4.56 per cent in its consolidated net profit at Rs 108.6 crore for the third quarter ended on December 2024 on account of rise in raw material costs. The company had posted a net profit of Rs 113.8 crore in the October-December quarter a year ago, according to a regulatory filing from Akzo Nobel. Its revenue from operations rose 1.72 per cent to Rs 1,050.5 crore in the quarter under review, up from Rs 1,032.7 crore in the corresponding period of the previous fiscal. Total expenses of Akzo Nobel, maker of Dulux paints, increased 2.32 per cent to Rs 910.3 crore in the December quarter. Akzo Nobel's total income, which includes other income, in the December quarter, was at Rs 1,056.5 crore, up 1.47 per cent. Commenting over the results, Chairman and Managing Director, Rajiv Rajgopal said, " In Q3 FY25, we achieved both volume and value growth despite subdued market conditions. Favourable demand in ...
 "Akzo Nobel India Q3 result: Profit dips slightly by 4.6% to Rs 108.6 crore")
Akzo Nobel India shares gain 4% on monetisation plan for immovable property
The rise in the company's stock price followed news of its plan to sell a part of its non-performing immovable properties
 "Akzo Nobel India shares gain 4% on monetisation plan for immovable property")
Dulux paint maker Akzo Nobel India stock hits new high; zooms 19%
On October 4, Akzo Nobel India received communication from Akzo Nobel NV that AkzoNobel for a portfolio review with initial focus on Deco South Asia.
 "Dulux paint maker Akzo Nobel India stock hits new high; zooms 19%")
Trent, Dixon, Ipca, Coforge, Akzo Nobel hit record highs; rally up to 8%
In Q2FY25, Dixon Technologies; revenue may rise 91 per cent Y-o-Y on robust growth in mobiles & new acquisition, according to analysts at Elara Capital
 "Trent, Dixon, Ipca, Coforge, Akzo Nobel hit record highs; rally up to 8%")
