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Akzo Nobel India

 

 

Buy Akzo Nobel India shares

AKZO NOBEL INDIA (BOM: 500710) Shares

 

 

ABOUT AKZO NOBEL INDIA

Akzo Nobel India Limited, a leading Indian paint and coatings company has a long history that began in 1939 when the Alkali and Chemical Corporation of India Ltd. was founded. 

The company was established in 1994 through the merger of Akzo NV and the Swedish company, Nobel Industries AB. The new company’s name was changed to Akzo Nobel India Limited in 2010. Its headquarters is located in Gurugram.

Although it commenced operations with a relatively small chemicals portfolio, it is the only integrated paint and coatings company in India that operates in all segments of the industry. The company’s chemicals business was spun off in 2018, with its focus primarily on paints and coatings. It operates six manufacturing plants located in Karnataka, Telangana, Punjab, Madhya Pradesh and Maharashtra. Its offices and depos are spread across the country.

Akzo Nobel India Limited’s subsidiaries include Akzo Nobel Car Refinishes India Pvt Ltd., Akzo Nobel Coatings India Private Limited, Polyinks Pvt Ltd., and Akzo Nobel Chemicals (India) Limited. Today, the company employs about 1 800 people.

OVERVIEW OF AKZO NOBEL INDIA

  • Akzo Nobel India Limited focusses on the manufacturing of paints, varnishes, lacquers, and organic- and inorganic chemical compounds. It conducts its business through two primary segments: Coatings and Others.

  • The Coatings division comprises decorative, automotive and industrial paints. It is also responsible for all related activities. The Others-segment is engaged in the production of chemicals and polymers.

  • The company’s products portfolio includes a range of coatings comprising decorative paints; marine coatings; performance coatings; specialty coatings; vehicle refinishes, and other specialty chemicals.
  • It serves the oil and gas industries, as well as infrastructure sectors such as airports, power, stadia, construction, minerals and mining. Brands comprise Dulux, Butanox, Elotex, Sikkens, International and Interpon.

VISION & VALUES OF AKZO NOBEL INDIA

  • Akzo Nobel India Limited’s culture is defined by its core principles and values to which it stays fully committed.

  • These core principles are safety, integrity and sustainability. The latter perfectly harmonize with the company’s values: customer-focus, a passion for excellence, a winning mindset and delivering on promises.
  • This business ethos establishes trust among clients and stakeholders and adds value for investors who purchase company shares.

MARKET PERFORMANCE OF AKZO NOBEL INDIA

  • Akzo Noble India Limited’s shares are traded on the Bombay Stock Exchange (BSE) under the stock symbol BOM: 500710. The company is listed in the Business Sector: Furniture – Furnishings – Paint. It is also listed on the National Stock Exchange of India (NSE) under the AKZOINDIA code.

  • Shareholders who buy or sell company stock can expect solid dividends and returns on their investment, as the company’s strong financials inspire confidence. For example, highlights for the third quarter 2019 include a 23% increase in adjusted operating income, from € 243 million in 2018 to € 300 million. ROS, excluding unallocated costs, also increased to 13.8 %.
  • The company’s revenue grew by 3 % and is 2 % higher in constant currencies, with positive price/mix of 4 % and acquisitions contributing 1 %.

LATEST NEWS AKZO NOBEL INDIA

Buy AKZO NOBEL INDIA stocks / shares – A Step by Step Guide how to Buy / Purchase AKZO NOBEL INDIA  Stocks or Shares online.

Before buying any stock or share one has to consider a few factors.

STEP 1: PROPER RESEARCH IS ESSENTIAL

Upon deciding you want to buy AKZO NOBEL INDIA Stocks / Shares, it is critical for the serious investor to do proper research into the said company. Its values should align with those of the investor’s current portfolio. An investor needs to familiarise himself with the basics and history of the company, as well as its leadership and performance in the market. Its company reports should also be scrutinized.

Consultation with a brokerage firm can also assist in determining whether investing in a specific company will complement the investor’s current portfolio. The investment “risk ladder”, which identifies asset classes based on their relative riskiness, is another useful tool when determining which company’s stock / share is the best to buy.

STEP 2: CALCULATE THE AMOUNT OF INVESTMENT IN AKZO NOBEL INDIA STOCKS / SHARES

It is important for an investor to monitor his total investment in stock in order to keep his portfolio aligned to his investment strategy. The overall value of his holdings will change with the fluctuation in stock prices, which can throw his portfolio off balance. To determine the amount to invest, multiply the number of shares of each stock by its current market price to determine the total investment in that specific stock. For example, if you own 100 shares of a US Dollar 5 stock, multiply 100 by US Dollar 5 to get US Dollar 500.

STEP 3: DECIDE ON THE STOCK / SHARE ORDER TYPE

Investors can choose from a market order, a limit order, a stop order (also referred to as a stop-loss order) or a buy/sell stop order. It is important to familiarise yourself with each type’s pros and cons before deciding which one will suit your current stock profile best. An investor should be guided in this choice by his investment objective.

STEP 4: OPEN A BROKERAGE ACCOUNT

A brokerage account – also known as taxable investment account – is similar to a retirement account, but more flexible. Where a retirement account has limitations on the amount of money that can be contributed annually, and restrictions on when funds can be withdrawn, a brokerage account is more flexible. The latter has no income or contribution limit and the investor can withdraw his money at any given time. This flexibility, together with its potential investment gains, makes a brokerage account more attractive to serious investors. Brokerage accounts are ideal for goals or savings that are further than five years away, but closer than retirement. It can also supplement an investor’s emergency savings.

STEP 5: COMMIT AND PURCHASE AKZO NOBEL INDIA STOCKS / SHARES

Lastly, commit to the stock. Pro Tip: Monitor the value of your stock to ensure you have a growing stock value and dividend pay-out.  Regularly check the share price online to ensure your investment delivers a positive return on investment. You are now a proud owner of AKZO NOBEL INDIA stocks / shares.

5 Questions to ask yourself before purchasing any stocks or shares.

  1. Is it the best time to buy this stock / share?
  2. Should I buy AKZO NOBEL INDIA stocks / shares in the current economic climate?
  3. Can I afford to buy this stock / share?
  4. What is the forecast of the stock / share growth?
  5. What is the current price per earning ration on the stock / share?

 

Author Details

Louis Schoeman

Louis Schoeman

Featured Forex and Stocks writer

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