Paint stocks in focus: Berger Paints, Kansai Nerolac report weak Q2; brokerages cut target prices
Berger Paints and Kansai Nerolac reported disappointing Q2FY26 results due to extended monsoon and competition. Berger's net profit dropped 23.6%, while Kansai Nerolac's profit rose 11.3%. Both companies anticipate demand recovery in H2FY26 driven by festive seasons.
Markets