Asian Paints, IOC shares rise as larger-than-expected OPEC+ oil output hike lowers raw material cost OPEC+ has agreed to hike oil production by 5.48 lakh barrels per day (bpd) in August.

Asian Paints, India's largest paint manufacturer, has sold its entire 4.42% stake in AkzoNobel India for Rs 734 crore via a bulk deal. This divestment follows closely on the heels of JSW Paints ...

Jefferies upgrades Asian Paints to Buy, seeing 13% upside potential—the big triggers supporting the positive call.

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The development comes weeks after the promoters of Akzo Nobel India signed a share purchase agreement with JSW Paints.