Akzo Nobel India rises on launching new Dulux Weathershield Powerflexx
Akzo Nobel India is currently trading at Rs. 2262.20, up by 4.80 points or 0.21% from its previous closing of Rs. 2257.40 on the BSE.
The scrip opened at Rs. 2253.85 and has touched a high and low of Rs. 2266.65 and Rs. 2245.50 respectively. So far 215 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 2399.95 on 18-Nov-2022 and a 52 week low of Rs. 1685.00 on 17-Jun-2022.
Last one week high and low of the scrip stood at Rs. 2270.50 and Rs. 2125.05 respectively. The current market cap of the company is Rs. 10289.15 crore.
The promoters holding in the company stood at 74.76%, while Institutions and Non-Institutions held 11.73% and 13.51% respectively.
Akzo Nobel India has launched the upgraded next generation, ultra-premium offering in its trusted Weathershield range of exterior paints - the new Dulux Weathershield Powerflexx. The new Weathershield Powerflexx comes powered with the company’s innovative Triple Defence Technology which is powered by the advanced PU modified acrylic. This results in an improved brand promise of longer lasting 12-year assured protection of home exteriors against all-weather conditions.
Now, homeowners can now rest assured that whatever be the case - extreme heat, extreme rainfall, impact of UV rays, surface cracks, dirt or dust - the new Dulux Weathershield Powerflexx will keep their home exteriors looking as good as new for more than a decade. Within the exterior paints category, Dulux Weathershield distils the best of science, innovation, and the magic of Dulux to offer meaningful benefits to homeowners. The Triple Defence Technology provides Superior Crack bridging, Superior Weather resistance and Superior water resistance properties to home exteriors.
AkzoNobel India has been present in India for over 60 years and is a significant player in the paints industry.