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.
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.
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