Paint stocks: Asian Paints, Indigo Paints, Berger, Shalimar gain up to 5%

Shares of paint companies, including Asian Paints, Indigo Paints, and Berger Paints, rose by up to 5% on the BSE due to falling oil prices. Despite this, paint stocks have underperformed in 2026, with declines of up to 38% attributed to poor operational performance and high crude oil prices. Asian Paints plans a 6-8% price increase to offset rising costs, while other companies like Berger and Kansai Nerolac are also expected to raise prices. Analysts predict a gradual recovery in the industry, with revenue growth supported by stable raw material prices.