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.
CRISIL will be acquiring 100 per cent stake in Coalition, a high-end analytics company headquartered in UK. The acquisition is expected to improve the overall return on equity of the company. The company has been doing buyback in the last two years aided by healthy cash position. However, due to significant cash outflow to materialise the aforementioned deal, likelihood of any buyback in CY12 or CY13 looks grim.