#MintCharts | The sustained growth of leading paint companies, despite recent #stock price declines, reflects the long-term preference of the sector for investors.
Since March 2015, an index tracking paint stocks has yielded a compounded annual return of 16%, outperforming the #Sensex's 11% return during the same period. This is despite the price-earnings ratio of paint stocks being well ahead of the Sensex, thus being more expensive.
Since March 2015, an index tracking paint stocks has yielded a compounded annual return of 16%, outperforming the #Sensex's 11% return during the same period. This is despite the price-earnings ratio of paint stocks being well ahead of the Sensex, thus being more expensive.