Source: Investor Presentation of Asian Paints Ltd

Source : Chandrasekhar Sridhar

Despite this bearish market, most Paint Stocks seem to be hitting their 52 week highs or are quite close to them
| Stock | Latest Close | 52 Week High |
| ASIANPAINT | 3623.85 | 3708.75 |
| BERGEPAINT | 129.85 | 129.85 |
| JENSONICOL | 2.85 | 6 |
| KANSAINER | 913.05 | 955.7 |
| SHALPAINTS(bonus adjusted) | 445.55 | 486 |