Widely read:
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.
To read about how we arrived at the list click here. To read about stocks from the Wealth Creator List, click here.
This article was originally published on July 31, 2012.
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