Akzo Nobel India is currently trading at RS. 3440.50, up by 247.90 points or 7.76% from its previous close of RS. 3192.60 on the BSE.

The stock opened at RS. 3212.00 and touched an intraday high of RS. 3533.00 and a low of RS. 3121.95. So far, 47,496 shares have been traded on the counter.

This BSE group 'A' stock, with a face value of RS. 10, has recorded a 52-week high of RS. 4649.00 on October 9, 2024, and a 52-week low of RS. 2775.00 on July 23, 2024. Over the past week, the scrip's high and low stood at RS. 3533.00 and RS. 3086.00 respectively. The company’s current market capitalization is RS. 15565.45 crore.

Promoter holding in the company stands at 74.76%, while Institutions and Non-Institutions hold 12.17% and 13.07% respectively.

In a major development, JSW Paints has entered into definitive agreements to acquire up to 74.76% stake in Akzo Nobel India from Akzo Nobel N.V. and its affiliates. The total consideration for the transaction under the share purchase agreement is up to RS. 8,986 crore, subject to certain closing adjustments.

Akzo Nobel India is primarily engaged in the manufacturing, trading, and selling of paints and related products. Additionally, the company provides research and development services to its holding company and associated group companies.