Asian Paints, Kansai Nerolac, Berger Paints slump up to 27% YTD. Is it time to buy paints stocks ahead of Diwali?
- Asian Paints, Kansai Nerolac and Berger Paints are down up to 27% year to date
- Elara Securities anticipates signs of recovery ahead of Diwali
- A demand recovery would benefit Indian paint makers, including Asian Paints, Kansai Nerolac and Berger Paints