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Berger Paints surges as its arm inks pact with NBCC

18 Apr 2017 Evaluate

Berger Paints India is currently trading at Rs. 243.75, up by 2.75 points or 1.14% from its previous closing of Rs. 241.00 on the BSE.

The scrip opened at Rs. 245.40 and has touched a high and low of Rs. 247.50 and Rs. 243.45 respectively. So far 17258 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. 174.22 on 24-Jun-2016.

Last one week high and low of the scrip stood at Rs. 247.50 and Rs. 231.00 respectively. The current market cap of the company is Rs. 23400.78 crore.

The promoters holding in the company stood at 74.99%, while institutions and non-institutions held 14.11% and 10.90% respectively.

Bolix, S.A. Poland, a wholly owned subsidiary of Berger Paints India and NBCC have signed a Memorandum of Business Exploration at New Delhi, in furtherance of a joint initiative to bring to India External Thermal Insulation and Composite Systems (ETICS), a proven solution for improving energy performance of temperature controlled buildings.

ETICS is a very cost effective and efficient solution and much used in Europe. Germany and Poland are the pioneers in this technology though ETICS is now in use in over 15 countries in Europe.

NBCC and Bolix will jointly promote, develop and facilitate the use of ETICS solutions in building projects in India with the principal objective of reducing significantly the energy requirements for cooling or heating in these buildings, which is expected to result in gains in environmental sustainability.

Berger Paints India Share Price

468.80 -3.85 (-0.81%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Asian Paints 2463.40
Berger Paints India 468.80
Kansai Nerolac Paint 203.05
JSW Dulux 2930.65
Indigo Paints 839.55
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