Calculate your SIP Returnexplore announcement button
Open Demat Account Login

Paints/Varnish Stocks

The Indian paint industry, dating back to 1902, boasts notable players like Asian Paints, Kansai Nerolac, Berger, and Akzo Nobel, dominating about 70% of the market. With urbanization, rising income, and infrastructure projects, the sector has witnessed double-digit growth. Before investing, scrutinise industry dynamics, economic factors, company performance, product range, raw material costs, global presence, and consumer trends. Asian Paints Ltd leads the sector with a significant market cap. Berger Paints India Ltd stands out with a commendable 5-year CAGR of 16.30%, offering the potential for diversification and long-term growth. Diligent analysis is vital for informed investment decisions. Read More
Company
LTP
Volume
Market Cap
52W Low
52W High

LTP

₹ 2,834.65

19.05 (0.68%)

Volume

4,961

Market Cap

₹12,796 Cr

52W Low

₹2,267.00

52W High

₹3,058.00

LTP

₹ 2,918.5

8.50 (0.29%)

Volume

3,64,153

Market Cap

₹2,78,925 Cr

52W Low

₹2,670.10

52W High

₹3,568.00

LTP

₹ 501.05

-0.30 (-0.06%)

Volume

3,85,010

Market Cap

₹58,453 Cr

52W Low

₹439.00

52W High

₹679.75

LTP

₹ 1,374

5.50 (0.40%)

Volume

19,492

Market Cap

₹6,515 Cr

52W Low

₹1,250.00

52W High

₹1,679.95

LTP

₹ 283

-0.20 (-0.07%)

Volume

1,39,637

Market Cap

₹22,909 Cr

52W Low

₹251.85

52W High

₹357.30

LTP

₹ 149.85

6.35 (4.43%)

Volume

5,000

Market Cap

₹90 Cr

52W Low

₹101.00

52W High

₹179.35

LTP

₹ 80

0.05 (0.06%)

Volume

22,000

Market Cap

₹111 Cr

52W Low

₹39.00

52W High

₹87.50

LTP

₹ 149.92

0.71 (0.48%)

Volume

1,20,890

Market Cap

₹1,252 Cr

52W Low

₹134.20

52W High

₹224.15

With Zero Brokerage on Equity Delivery

About Paint Sector

Indian paint industry’s beginning can be traced back to the first factory set up in Howrah, Kolkatta, in 1902 by Shalimar Paint Colour and Varnish Company. There are mainly 4 large paint companies with a combined market share of ~70% – Asian Paints, Kansai Nerolac, Berger, and Akzo Nobel. The remaining 30% is made up of medium and small players, totalling ~3000 manufacturers.

Summary

The Indian paint industry, dating back to 1902, boasts notable players like Asian Paints, Kansai Nerolac, Berger, and Akzo Nobel, dominating about 70% of the market. With urbanization, rising income, and infrastructure projects, the sector has witnessed double-digit growth. Before investing, scrutinize industry dynamics, economic factors, company performance, product range, raw material costs, global presence, and consumer trends. Asian Paints Ltd leads the sector with a significant market cap. Berger Paints India Ltd stands out with a commendable 5-year CAGR of 16.30%, offering potential for diversification and long-term growth. Diligent analysis is vital for informed investment decisions.

Future Outlook Of The Paint Sector

The Indian paint industry has achieved remarkable advancements marked by substantial growth and progress over the past few years, The industry has recorded significant expansion in terms of market size and emerged as one of the leading paint markets worldwide. The industry has witnessed a double-digit Compound Annual Growth Rate (CAGR) in recent years on the back of various factors, including urbanisation, growing disposable income, and increased construction and infrastructure projects.

Things To Consider Before Investing In The Paint Sector

Investing in the paint sector stocks requires careful consideration and analysis of various factors to make informed decisions. Here are some key things to consider before investing in the paint sector:

  • Industry Overview: Understand the overall dynamics of the paint sector, including market size, growth trends, and key players. Analyse the competitive landscape to identify market leaders and their market share.
  • Economic Conditions: Evaluate the economic conditions and their impact on the construction and real estate industries, as they significantly influence the demand for paint products.
  • Company Performance: Research and analyse the financial performance of the paint companies you are interested in. Look at revenue growth, profit margins, return on equity, and debt levels.
  • Product Portfolio: Assess the diversity and quality of the company’s product portfolio. A company with a broad range of high-quality products may be better positioned to withstand market fluctuations.
  • Raw Material Costs: Paint production is influenced by the prices of raw materials such as pigments, resins, and solvents. Monitor the trends in raw material costs and the company’s ability to manage and pass on cost increases to consumers.
  • Global Expansion: If the company operates globally, assess its international exposure and potential risks related to currency exchange rates, geopolitical events, and varying market conditions.
  • Consumer Preferences: Understand changing consumer preferences and trends in the paint industry, such as a growing demand for eco-friendly and sustainable products.

How To Invest In The Paint Sector Stocks?

To invest in sector stocks via Angel One, follow these steps:

  • Log in to your Angel One account.
  • Click on the search icon and look for your desired paint sector stock.
  • Now, place your buy order. Simply click on the ‘Buy’ button, enter your desired quantity, and select the order type.
  • To complete your transaction, click on the ‘Buy’ button.

You can track the status of the purchase from the ‘Positions’ section in the ‘Orders’ module. Once the stock is delivered, you can track its gains and losses from your ‘Portfolio.’

FAQs

What are paint sector stocks?

The paint sector stocks are those involved in the manufacturing and trading of paint and paint-related products.

Which is the top stock from the paint sector in terms of market cap?

As of January 31, 2024, Asian Paints Ltd is the top stock from the paint sector with a market capitalisation of ₹2,85,356.24 crore.

How to evaluate paint sector stocks?

To evaluate paint sector stocks, you need to consider key performance indicators such as production and sales volume, capacity and capacity utilisation rate, etc.

Why should you invest in paint sector stocks?

Considering the ongoing infrastructure boom in India, the demand for paint is likely to witness substantial growth. Thus, investing in this sector could help you in diversification and long-term growth.

Which are the best non-ferrous metals sector stocks to invest in?

Berger Paints India Ltd is one of the best paint sector stocks on the basis of a 5Y CAGR of 16.30% as of January 31, 2024.

Learn to Earn
Learn from our knowledge center curated by our experts, which will help you take informed decisions about your investments.
Learn to Earn

Enjoy Zero Brokerage on
Equity Delivery

Enjoy Zero Brokerage on Equity Delivery

Get the link to download the App

Send App Link