Focus initiatives can help in mitigating business sluggishness: APL's management indicated that frequency of painting and occasional painting has witnessed some sluggishness affecting the momentum of the decorative paints segment in the recent past. The company is focusing on brand building initiatives, expanding services from home to industrial services, innovation and regionalisation to remain resilient and maintain steady volume growth (ahead of industry growth) in the near to medium term. Further the company's endeavour is to gain market share through...