New Delhi, Feb. 27 -- Shares of Kansai Nerolac Paints have fallen about 16% so far in 2026, touching a fresh 52-week low of Rs.195.55 during Friday's trading session. The decline reflects persistent weak growth: the company's year-on-year revenue expansion has remained below 5% for eight consecutive quarters, and the absence of clear near-term triggers is weighing on investor sentiment.

There is little immediate evidence of a sharp turnaround. Kansai Paint, the company's Japanese parent, recently outlined strategy for its Indian subsidiary, reiterating a sharper focus on industrial and automotive coatings - segments that contribute about 55% of revenue and are expected to drive medium-term growth. Decorative paints, by contrast, are seen...