 "Paint sector, Asian Paint")
There is little doubt that the two decorative paint majors — Asian Paints and Berger Paints — have done well in recent times despite muted consumption sentiment.
This trend is expected to continue for now. In the last six months, the two stocks have gained 19-60 per cent, against a 12 per cent rise in the Sensex.
Analysts, however, say the gap in valuation is unsustainable and either Asian Paints will soon catch up, or Berger will witness a correction in share price.
Berger Paints, which used to trade at a near-15 per cent discount to Asian Paints in the past, is now
