Paint Stocks Rise Up to 5%: Asian Paints, Berger, Indigo Gain Despite Weak 2026 Performance

Shares of paint companies like Asian Paints, Indigo Paints, Berger Paints India, Kansai Nerolac Paints, Shalimar Paints, and Sirca Paints India rose 3% to 5% in Tuesday’s intraday trade.

The rally was stronger than the broader market, where the BSE Sensex gained around 1.2% at the same time.

What’s Driving the Rally in Paint Stocks?

The main reason behind the rise is a fall in crude oil prices after easing geopolitical tensions. Lower oil prices help paint companies because crude is a key raw material.

Price Hike Plans by Companies

Asian Paints Ltd is planning a 6–8% price increase in 2 phases to offset high input costs.

• This is higher than earlier planned hikes of 2–5%
• Other companies like Berger Paints India Ltd and Kansai Nerolac Paints Ltd have already taken 2–3% hikes, with more expected

Weak Performance in 2026

Despite today’s gains, paint stocks have underperformed in 2026:

• Indigo Paints Ltd: down ~38%
• Shalimar Paints Ltd: down ~34%
• Kansai Nerolac Paints Ltd: down ~33%
• Asian Paints Ltd: down ~21%

Most of these stocks also hit their 52-week lows recently.

Read More: H.G. Infra Engineering Wins ₹401.33 Crore Railway Infrastructure Project in Madhya Pradesh!

Conclusion

Paint stocks are seeing a short-term bounce due to easing oil prices, but the sector remains under pressure. Future performance will depend on crude price trends and the success of price hikes.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.  

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