Margin fears grip world stocks, India no exception. Ask these cos
Margins continue to be under pressure due to rising commodity prices and other inflationary costs,” MD Anant Goenka said in the results note.We expect the demand trend may have an impact in the near term on account of a steep rise in prices," Thomas said.Asian Paints' PAT margin fell 202 basis points to 10.96 per cent and Kansai's 720 basis points to 1.24 per cent.