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MoneyWorks4Me

Berger Paints to hike product prices by 2.2%

01 Feb 2014 Evaluate

Berger Paints India will be raising the prices by 2.2% on its decorative range of products with effect from February 1. This is the third hike during the financial year so far taking the overall increase to about 4.8 to 5%. The company will be taking this step due to rise in raw material costs.

Berger Paints India manufactures and markets a range of decorative and industrial paint products and has operations throughout India.

Peers
Company Name CMP
Asian Paints 2315.00
Berger Paints India 465.05
Kansai Nerolac Paint 176.45
JSW Dulux 263.60
Indigo Paints 998.10
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