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Indigo Paints presses the accelerator, puts growth ahead of margins
Indigo Paints will accept a 2-2.5 percentage point hit to gross margins as it ramps up spending on trade and influencer marketing to chase market share, joining Berger, JSW Dulux and Birla Opus in prioritizing growth.
Sensex stocks: HDFC Bank, TCS, Asian Paints, IndiGo, Trent hit 52-week lows
Ambuja Cements, DLF, Dixon, Gail, Indian Hotels, Shree Cement, REC, Tata Motors PV, Wipro, Suzlon, Coforge, and Info Edge, among the BSE 100 index, also hit their respective 52-week lows amid Iran war
Taking Stock: Markets continue to see sell-off amid crude surge; rupee at record low
More than 850 stocks touched their 52-week low, including Swan Corp, Interglobe Aviation, GNFC, PNB Housing Finance, Birla Corp, BLS International, Sterling Wilson, RHI Magnesita, Just Dial, Asian Paints, Nuvoco Vistas, REC, Berger Paints, JK Lakshmi Cement, Rashtriya Chemicals, GAIL, Inox Wind, among others.
Stocks to Watch Today: Data Patterns, Adani Power, Waaree Energies, Ramky Infra, Bajel Projects, Voltas, JK Lakshmi Cement, GMR Airports, Seamec in focus on 16 March
Stocks to Watch, 16 March: Stocks like Omnitech Engineering, Data Patterns (India), Adani Power, Avenue Supermarts, Waaree Energies, Dilip Buildcon, Ramky Infrastructure, Bajel Projects, Voltas, JK Lakshmi Cement, GMR Airports, Seamec, and InterGlobe Aviation will be in focus on March 16.