Share price of Berger Paints falls as Sensex drops 126.36 points :shivpurinews.in

Share price of (India) Ltd. dropped 0.46 per cent to Rs 820.0 at 01:36PM (IST) in Tuesday’s trade. The stock hit a high of Rs 827.05 and low of Rs 816.9 so far during the session. The stock had closed at Rs 823.8 in the previous session.

The counter had a total traded volume of 01:36PM shares so far with a turnover of Rs 1.02 crore on BSE. The stock traded at a price-to-earnings multiple of 94.17 and a price-to-book ratio of 21.99.

A higher P/E ratio shows investors are willing to pay a higher price for per rupee earnings given by the stock because of better future growth expectations.



The price-to-book value indicates the inherent value of a company and is the measure of the price that investors are ready to pay even for no growth in the business.

Berger Paints (India) Ltd. belongs to the Paints/Varnishes industry.

Promotor/FII Holding

Promoters held 149.98 per cent stake in the company as of 30-Sep-2021, while overseas investors and domestic institutional investors ownership stood at 22.44 per cent and 7.8 per cent, respectively.

Key Financials

The firm reported consolidated net sales of Rs 1815.52 crore for the quarter ended 30-Jun-2021, down 11.05 per cent from the previous quarter’s Rs 2041.09 crore and down 93.43 per cent from the year-ago quarter’s Rs 938.59 crore.

Its profit for the latest quarter stood at Rs 140.59 crore, up 811.74 per cent from the same quarter a year ago.

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