Share price of Berger Paints (India) Ltd. rises as Nifty strengthens

Shares of Berger Paints (India) Ltd. gained 0.17 per cent to Rs 811.65 in Tuesday's trade as of 01:21PM (IST).

The stock hit a high price of Rs 813.65 and low of Rs 804.8 during the session.

The return on equity (ROE) for the stock stood at 24.72 per cent. Traded volume on the counter stood at 01:21PM shares and turnover at Rs 1.06 crore around that time.


The stock of Berger Paints (India) Ltd. quoted a 52-week high and 52-week low prices of Rs 824.8 and Rs 390.0, 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 60.51 per cent stake in the company as of 30-Sep-2020, while foreign investors held 11.37 per cent and domestic institutional investors had 0.96 per cent.

Key Financials
The company reported consolidated sales of Rs 1742.55 crore for the quarter ended 30-Sep-2020, up 87.22 per cent from previous quarter's Rs 930.76 crore and up 9.01 per cent from the year-ago quarter's Rs 1598.58 crore.

Net profit after tax for the latest quarter stood at Rs 220.94 crore, up 13.31 per cent from the same quarter a year ago.