The company started as a division of Asian Paints in the early 1980s and now has been established as a strong player in the rubber industry. It produces a range of latexes for various residential and industrial sectors like automotive components, heavy engineering, paints, textile, etc.  

The export-oriented sectors like information technology and pharmaceutical stocks perform well. However, this time around, there is another sector that has caught investors’ interest.   

At 11.30 am on Monday, the core equity indices i.e., Sensex and Nifty 50 were trading marginally higher amidst mixed global cues. The Asia Pacific markets showed mixed signs on Monday as global uncertainties continue to worry the investors.