Indian paintmakers rise after US, Iran pause strikes over weekend

Asian Paints

27/07/2026 07:41

** Shares of Indian paint companies rise between 0.9-5.9%
** Asian Paints ASPN.NS up 2.77%, Indigo Paints INDG.NS climbs 3%, Kansai Nerolac Paints KANE.NS rises 5.9%, Berger Paints BRGR.NS 0.9% higher
** The U.S. and Iran pause strikes over the weekend after two weeks of attacks, raising hopes of a diplomatic solution to de-escalate conflict
** Crude oil-based raw materials account for a major part of paint production costs
** Brent futures LCOc1 fall 5.5% to $91.45, as of 11:48 a.m. IST

 (Reporting by Abhirami G in Bengaluru)
 ((abhirami.g@thomsonreuters.com))