As part of our Wealth Creator Series , today we look at Asian Paints. This is one of the 39 stocks that were short-listed that passed through our stringent stock screen filters.
Colgate-Palmolive rules the Indian oral care segment with more than 50 per cent of market share. Going forward, there is still a huge scope for growth as only 64 per cent of the population in India uses toothpaste. Concern: Domestic competitors are giving Colgate a run for its money in rural areas with their low-priced variants. Higher advertising costs have also put pressure on the profitability margins.