Buy Berger Paints (India), target Rs 274: Manas Jaiswal
Buy Berger Paints (India) at a price target of Rs 274 and a stop loss at Rs 259 from entry point.
By ETMarkets.com |
Manas Jaiswal of manasjaiswal.com has a buy call on Berger Paints (India) with a target price of Rs 274.
The current market price of Berger Paints (India) is Rs 265.50.
Time period given by the analyst is intraday when Berger Paints (India) price can reach defined target.
Manas Jaiswal recommended to keep a stop loss at Rs 259.
Berger Paints (India), incorporated in the year 1923, is a Large Cap company (having a market cap of Rs 24,920.37 Crore) operating in Paints and Pigments sector.
Berger Paints (India) key Products/Revenue Segments include Paints, Enamels, Varnishes which contributed Rs 4,594.57 Crore to Sales Value (99.69 per cent of Total Sales), Scrap which contributed Rs 7.36 Crore to Sales Value (0.15 per cent of Total Sales) and Other Operating Revenue which contributed Rs 6.60 Crore to Sales Value (0.14 per cent of Total Sales)for the year ending 31-Mar-2017.
The company’s top management includes Mr.Abhijit Roy, Mr.Dhirendra Swarup, Mr.Gopal Krishna Pillai, Mr.Gurbachan Singh Dhingra, Mr.Kamal Ranjan Das, Mr.Kanwardip Singh Dhingra, Mr.Kuldip Singh Dhingra, Mr.Naresh Gujral, Mr.Pulak Chandan Prasad, Mrs.Rishma Kaur.
Company has S R Batliboi & Co. LLP as its auditors.
As on 30-06-2017, the company has a total of 970,986,647 shares outstanding.
The current market price of Berger Paints (India) is Rs 265.50.
Time period given by the analyst is intraday when Berger Paints (India) price can reach defined target.
Manas Jaiswal recommended to keep a stop loss at Rs 259.
Berger Paints (India), incorporated in the year 1923, is a Large Cap company (having a market cap of Rs 24,920.37 Crore) operating in Paints and Pigments sector.
Berger Paints (India) key Products/Revenue Segments include Paints, Enamels, Varnishes which contributed Rs 4,594.57 Crore to Sales Value (99.69 per cent of Total Sales), Scrap which contributed Rs 7.36 Crore to Sales Value (0.15 per cent of Total Sales) and Other Operating Revenue which contributed Rs 6.60 Crore to Sales Value (0.14 per cent of Total Sales)for the year ending 31-Mar-2017.
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The company’s top management includes Mr.Abhijit Roy, Mr.Dhirendra Swarup, Mr.Gopal Krishna Pillai, Mr.Gurbachan Singh Dhingra, Mr.Kamal Ranjan Das, Mr.Kanwardip Singh Dhingra, Mr.Kuldip Singh Dhingra, Mr.Naresh Gujral, Mr.Pulak Chandan Prasad, Mrs.Rishma Kaur.
Company has S R Batliboi & Co. LLP as its auditors.
As on 30-06-2017, the company has a total of 970,986,647 shares outstanding.
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