However, in the calendar year 2026 so far, paint stocks have underperformed the market, falling up to 38 per cent due to poor operational performance and rising crude oil prices.
Systematix continues to prefer Berger Paints India, highlighting its consistent growth outperformance and momentum across both decorative and industrial segments
Brent crude rose as much as 28.9 per cent to $119.5. West Texas Intermediate, the light, sweet crude oil produced in the US, was trading at $113.4 a barrel, up 24.7 per cent from Friday's close
Paint stocks slipped in FY26 Q3 as weak decorative demand, intense competition and rising crude oil prices outweighed hopes of a volume-led recovery
Sector's competitive landscape, Geojit said, has stabilised and that demand is likely to pick up in the coming months, supported by improved weather conditions and the release of pent-up demand
According to Phillip Capital, the risk reward is now favourable for market leaders that are well positioned to navigate near-term volatility and benefit from the revival in India's paint demand
Asian Paints has regained momentum and is set to maintain its dominance after outperforming the industry in the September quarter, Nuvama said
Birla Opus' early gloss fades, giving seasoned players room to repaint the market as disruption fears dry out and demand colours back in
The brokerage has upgraded Asian Paints and Berger Paints to 'Buy,' calling the stability in margins and dealer relationships a "re-rating event" for the industry.
Stocks to Watch today, November 6, 2025: From One97 Communications, Delhivery, InterGlobe Aviation, Grasim Industries, here is a list of stocks that will be in focus today