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Kansai Nerolac hits 52-week low, falls 17% in February on weak Q3 results

The good growth in infrastructure, core sector as well as automobile and real estate is likely to have a positive effect on the overall demand of paint for the industry in the long run.

Topics
Buzzing stocks | Kansai Nerolac Paints  | Markets

SI Reporter  |  Mumbai 



Kansai Nerolac sells its Chennai land to SPV floated by Brigade & GIC Singapore

Shares of hit a 52-week low of Rs 468.85, down 3 per cent on the BSE in Wednesday’s intra-day trade due to weak demand. The stock of the paint company fell below its previous low of Rs 470.75 hit on February 14, 2022.

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First Published: Wed, February 23 2022. 14:30 IST

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