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Abstract
The Indian paint industry has recently completed l00 years of manufacturing. Manufacturing of Indian paints started around 1902. The Indian paint industry has seen a gradual shift in the preferences of people from the traditional white wash to higher quality paints like emulsions and enamel paints. Growing popularity of new variants providing improved finishing and textures, increasing per capita income of people and efforts on the part of manufacturers to introduce improved versions like eco-friendly, odour free and dust and water resistant paints, have propelled the growth of the paint market in India. The study has great significance and provides benefits to various parties whom directly or indirectly interact with the company. The investors who are interested in investing in the company’s shares will also get benefited by going through the study and can easily take a decision whether to invest or not to invest in the company’s shares.