Paint stocks in focus; Asian Paints hits record high, Berger Paints up 2%

Kansai Nerolac Paints and Shalimar Paints, too, were up 2 per cent each, as compared to 1.4 per cent rise in the S&P BSE Sensex at 01:08 pm

Shares of paint companies were in focus with sector giant Asian Paints hitting an all-time high of Rs 2,028, up 2.5 per cent on the BSE in the intra-day trade on Thursday, on expectation of higher demand. The stock surpassed its previous high of Rs 2,016 touched on August 25, 2020.

That apart, Berger Paints India, Kansai Nerolac Paints and Shalimar Paints were up 2 per cent each, as compared to 1.4 per cent rise in the S&P BSE Sensex at 01:08 pm.

In the past one month, Asian Paints beat the market by gaining 14 per cent after it surprised the