Stocks

Berger Paints Share Price: Share price of Berger Paints rises as Nifty weakens

Shares of Berger Paints (India) Ltd. gained 0.76 per cent to Rs 678.85 in Thursday’s trade as of 11:06AM (IST).

The stock hit a high price of Rs 687.95 and low of Rs 673.0 during the session.

The return on equity (ROE) for the stock stood at 21.2 per cent. Traded volume on the counter stood at 11:06AM shares and turnover at Rs 2.67 crore around that time.

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The stock of (India) Ltd. quoted a 52-week high and 52-week low prices of Rs 856.9 and Rs 543.85, respectively.

The Beta value of the counter, which measures its volatility in relation to the broader market, stood at 0.89.

Promotor/FII Holding

Promoters held 74.99 per cent stake in the company as of 30-Jun-2022, while FIIs held 11.03 per cent and domestic institutional investors had 3.58 per cent.

Key Financials

The company reported consolidated sales of Rs 2772.74 crore for the quarter ended 30-Jun-2022, up 25.65 per cent from previous quarter’s Rs 2206.63 crore and up 52.72 per cent from the year-ago quarter’s Rs 1815.52 crore.

Net profit after tax for the latest quarter stood at Rs 253.43 crore, up 80.26 per cent from the same quarter a year ago.


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