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Berger Paints rises on planning to invest Rs 280 crore for expansion

07 Aug 2018 Evaluate

Berger Paints India is currently trading at Rs. 313.50, up by 4.25 points or 1.37% from its previous closing of Rs. 309.25 on the BSE.

The scrip opened at Rs. 311.00 and has touched a high and low of Rs. 316.70 and Rs. 309.65 respectively. So far 41211 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 325.35 on 25-Jul-2018 and a 52 week low of Rs. 230.80 on 23-Aug-2017.

Last one week high and low of the scrip stood at Rs. 321.80 and Rs. 307.00 respectively. The current market cap of the company is Rs. 30451.66 crore.

The promoters holding in the company stood at 74.99%, while Institutions and Non-Institutions held 14.36% and 10.65% respectively.

Berger Paints India is planning to invest Rs 280 crore till 2021, in order to enhance capacities in Uttar Pradesh and Maharashtra.

The company would spend Rs 200 crore to soon commence water and solvent-based decorative, industrial and protective coating, resins, emulsion and construction chemical manufacturing facility at Sandila, Uttar Pradesh, while Rs 80 crore would be spent for the second-phase expansion at Jejuri near Pune for automotive, industrial and protective coatings.

Berger Paints India is the second largest paint company in India. 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
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JSW Dulux 2930.65
Indigo Paints 839.55
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