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Berger Paints trades high on the bourses

28 Apr 2017 Evaluate

Berger Paints India is currently trading at Rs. 262.40, up by 1.25 points or 0.48% from its previous closing of Rs. 261.15 on the BSE.

The scrip opened at Rs. 263.80 and has touched a high and low of Rs. 265.10 and Rs. 258.05 respectively. So far 115629 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. 265.10 and Rs. 246.00 respectively. The current market cap of the company is Rs. 25493.25 crore.

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

Berger Paints India will market automotive refinish paints in India manufactured by Rock Paint. The products will be launched in the month of May, 2017. This step has been taken in accordance with an agreement entered by the company with Rock Paint Co., of Japan (Rock Paint).

While, the company is already present in all areas of automotive paints in India, Rock Paint offers a wide range of high-quality, easy-to-use coatings suited to the diverse needs of today’s auto-refinish market. The companies may discuss establishment of a joint venture in India at a later date.

Rock Paint is a leading manufacturer of automotive refinish paints in Japan and is well known in the industry for the quality and utility of its products.

Berger Paints India is the second largest paint company in India with a gross turnover of more that Rs 5,000 crore. It is present in all segments of paint including decorative, automotive, industrial, protective and powder coatings.

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
View more..

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