Page 3 - Paint Firms

Faster recovery in rural areas, cheaper oil augur well for paint firms

Shares of Asian Paints, Berger Paints, and Kansai Nerolac gained between 3.7 and 7 per cent, even as the Sensex fell 1.5 per cent on Wednesday

Broad strokes: Pricing power to help paint majors clock volume-led growth

Paint companies' relatively good performance in recent quarters, with double-digit volume growth and strong margins, is a key driving factor

Berger Paints hits new high in weak market, surges 12% so far in August

The company delivered strong April-June quarter (Q1FY20) results led by low double-digit domestic decorative paint volume growth and robust growth in subsidiary businesses.

OMCs, tyre and paint companies gain on over 4% plunge in crude oil prices

Oil prices fell more than 4 per cent on Tuesday, even after OPEC and allies including Russia agreed to extend supply cuts until next March.

Lower oil prices, volume uptick to help paint firms get their shine back

The rise in oil prices had earlier led to muted profitability outlook for paint companies and investors shying away from their stocks