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HDFC Securities: Indigo Paints - The Promising One

Indigo Paints, founded in 2000, has been consistently chipping away market share in India’s oligopolistic paints industry.

A sample of paint pours into a bucket from the nozzle of a paint tinting machine at a factory in Gwalior, Madhya Pradesh (Photographer Udit Kulshrestha/Bloomberg)
A sample of paint pours into a bucket from the nozzle of a paint tinting machine at a factory in Gwalior, Madhya Pradesh (Photographer Udit Kulshrestha/Bloomberg)
BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.
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