Shalimar Paints

The improved liquidity position, increased reach and distribution network through Hella is expected to improve the operating margins of the company going forward

Paint companies Asian Paints and Berger Paints have taken high-single-digit price increases across their portfolio in a move to offset the rising inputs costs, indicate reports

The recent reversal in paint stocks may see aggravated buying momentum after conquering significant resistances

The stock soared 13% to Rs 158, also its 52-week high on the BSE, on back of heavy volumes.