Berger Paints India surges on reporting 55% rise in Q2 consolidated net profit

04 Nov 2016

Berger Paints India is currently trading at Rs 262.55, up by 2.20 points or 0.85% from its previous closing of Rs. 260.35 on the BSE.

The scrip opened at Rs. 262.00 and has touched a high and low of Rs. 270.00 and Rs. 262.00 respectively. So far 82045 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 276.80 on 12-Sep-2016 and a 52 week low of Rs. 152.80 on 14-Dec-2015.

Last one week high and low of the scrip stood at Rs. 270.00 and Rs. 253.20 respectively. The current market cap of the company is Rs. 25594.32 crore.

The promoters holding in the company stood at 74.99%, while Institutions and Non-Institutions held 14.50% and 10.51% respectively.

Berger Paints  has reported over two fold rise in its net profit at Rs 161.32 crore for the quarter ended September 30, 2016 as compared to Rs 76.27 crore for the same quarter in the previous year. Total income of the company increased by 7.20% at Rs 1159.38 crore for the quarter under review as compared Rs 1081.55 crore for the corresponding quarter previous year.  

On the consolidated basis, the company has reported 55.36% rise in its net profit at Rs 138.78 crore for the quarter ended September 30, 2016 as compared to Rs 89.33 crore for the same quarter in the previous year. Total Income of the company has increased by 8.49% to Rs 1289.75 crore for quarter under review from Rs 1188.82 crore for the quarter ended September 30, 2015.    

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724.40 2.50 (0.35%) Feb 24, 18:55
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