Berger Paints strengthens on reporting 17% rise in Q1 consolidated net profit

04 Aug 2014 Evaluate

Berger Paints India is currently trading at Rs. 300.50, up by 3.50 points or 1.18% from its previous closing of Rs. 297.00 on the BSE.

The scrip opened at Rs. 299.00 and has touched a high and low of Rs. 301.00 and Rs. 297.55 respectively. So far 6571 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 315.95 on 08-Jul-2014 and a 52 week low of Rs. 191.00 on 02-Aug-2013.

Last one week high and low of the scrip stood at Rs. 306.80 and Rs. 290.35 respectively. The current market cap of the company is Rs. 10394.76 crore.

The promoters holding in the company stood at 74.96% while Institutions and Non-Institutions held 14.50% and 10.54% respectively.

Berger Paints India’s net profit has surged by 13.39% at Rs 62.55 crore as compared to Rs 55.16 crore for the quarter ended June 30, 2013. Its total income has increased by 14.99% to Rs 949.66 crore for the quarter under review from Rs 825.81 crore for the corresponding quarter of the previous year.

On the consolidated basis, the company has reported 17.02% rise in its net profit after taxes, minority interest and share of profit / (loss) of associates at Rs 57.46 crore for the quarter as compared to Rs 49.10 crore for the same quarter in the previous year. Total income has increased by 16.86% at Rs 1070.96 crore for quarter under review as compared to Rs 916.41 crore for the quarter ended June 30, 2013.

Berger Paints India Share Price

571.65 4.40 (0.78%)
28-Mar-2024 16:01 View Price Chart
Peers
Company Name CMP
Asian Paints 2846.00
Berger Paints India 571.65
Kansai Nerolac Paint 262.25
Akzo Nobel India 2395.10
Indigo Paints 1256.10
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