The fortune of paint stocks is directly linked to the crude prices and we see crude heading towards 5000 marks and thus the going is to get tough for the paint industry to maintain the prices and profit.
Thus it is advised to exit from the paint industry stocks like Berger paints which are hovering near 52 weeks high and focus on other high-quality stocks and can reenter these stocks once the crude prices cool down.
Have a look at the below image which shows that how paint stocks benefitted from low prices of crude wef 2018-2019 year.
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