India, Sept. 24 -- The paint stocks are going into the festive season on the back of improving demand from channel partners, especially in rural regions. Given that the festival of Diwali comes much later this year, channel partners are looking at higher stock levels in October than last year. However, pre-hike stocking is back to normal, which could lead to secondary selling being stronger than primary selling. Lets see what Morgan stanley says regarding the paint industry.

Rural Demand Shows Signs of Improvement Trends in demand across markets have been quite similar on a sequential basis; however, there have been some improvements in rural dealers' views. The dealers have reported improved demand in rural markets, which may help in ...