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Berger Paints is currently trading at Rs. 104.15, up by 1.80 points or 1.76% from its previous closing of Rs. 102.35 on the BSE.
The scrip opened at Rs. 104.00 and has touched a high and low of Rs. 106.00 and Rs. 103.35 respectively. So far 63739 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 117.75 on 11-Nov-2011 and a 52 week low of Rs. 77.75 on 21-Feb-2011.
Last one week high and low of the scrip stood at Rs. 106.00 and Rs. 100.25 respectively. The current market cap of the company is Rs. 3613.62 crore.
The promoters holding in the company stood at 75.57% while Institutions and Non-Institutions held 12.27% and 12.16% respectively.
After launching a new range of construction chemicals and new roof paint under its Home Shield banner, Paint major Berger Paints India has forayed into the construction chemicals sector.
There are eight to 10 big players in the sector, including some multinationals. The company hopes to develop this new sector significantly and fulfill its sales target of Rs 25 crore during the first year of operation in 2012-13 which is to turn into Rs 100 crore in next three years.
After the launch in eastern region, the company would release the product in Kerala, Andhra Pradesh and then in Gujarat and Maharashtra. The company’s plan is to double the production capacity from the present 2.5 million tonne by 2013.
Berger Paints’ consolidated net profit has increased by 11.74% to Rs 49 crore for the third quarter ended December 31, 2011, vis-a-vis the same period last fiscal. The company had posted a net profit of Rs 43.85 crore for the quarter ended December 31, 2010.
| Company Name | CMP |
|---|---|
| Asian Paints | 2910.45 |
| Berger Paints India | 494.85 |
| Kansai Nerolac Paint | 273.45 |
| Akzo Nobel India | 2528.55 |
| Indigo Paints | 1384.50 |
| View more.. | |
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Funds ranking in screeners: Performance Consistency and Quality are two parameters used for ranking funds for SIP. The ranking as follows GG, GO, GR, OG, OO, OR, RG, RO and RR.
With the same color-coded funds, the one with the higher Average 3-year rolling returns (over 5 to 10 years), the number that appears in the Performance tag, ranks higher.
Here is the summary:
The third tag Upside Potential is not relevant for SIP. It is relevant for lumpsum investments in Mutual Funds.
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