Berger Paints rises on plan to install two factories in Assam

04 Aug 2015

Berger Paints India is currently trading at Rs. 223.50, up by 0.95 points or 0.43% from its previous closing of Rs. 222.55 on the BSE.

The scrip opened at Rs. 223.20 and has touched a high and low of Rs. 229.10 and Rs. 222.70 respectively. So far 8608 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 252.70 on 09-Jan-2015 and a 52 week low of Rs. 146.10 on 13-Aug-2014.

Last one week high and low of the scrip stood at Rs. 230.00 and Rs. 214.15 respectively. The current market cap of the company is Rs. 15429.13 crore.

The promoters holding in the company stood at 74.98% while Institutions and Non-Institutions held 11.62% and 13.40% respectively.

Berger Paints India has decided to install two factories in Assam. One of them will be putty and distemper manufacturing facility to be put up by British Paints Division of the Company and the other will be a water and solvent based paint mixing plant by Berger Division.

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.

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