MoneyWorks4Me

Berger Paints hikes decorative paint prices by 1%

06 May 2014 Evaluate

Berger Paints has hiked decorative paint prices by 1%. The company has hiked the product’s price to cover raw material cost increase. The company has reported that International prices of monomer, used in emulsions for water based paints, increased due to suppliers planned shutdown.

Earlier, the company in August had announced its plan to hike product prices by 2.5% from September 1, which marked its third price hike since May. 

Berger Paint’s range of products for Interior Wall Coating include Breathe Easy, Silk Luxury Emulsion, Easy Clean, Rangoli Total Care, Rangoli Total Care, while the company offers WeatherCoat All Guard, WeatherCoat Smooth, WeatherCoat Kool & Seal,WeatherCoat Longlife, WeatherCoat Tile Protektor and Walmasta, etc.

Peers
Company Name CMP
Asian Paints 2444.40
Berger Paints India 452.60
Kansai Nerolac Paint 181.25
JSW Dulux 3136.45
Indigo Paints 1138.15
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