Berger Paints share price: Berger Paints share price surges as Sensex gains 5.76 points

The share price of (India) Ltd. gained 0.11 percent to Rs 789.8 at 12:43 p.m. (IST) in Thursday’s trading. The stock hit a high of Rs 793.0 and a low of Rs 785.1 so far during the session. The action had closed at Rs 788.95 during the previous session.

The meter had total stock volume traded at 12:43 p.m. so far with turnover of Rs 1.81 crore on BSE. The stock traded at a price / earnings multiple of 91.06 and a price / book ratio of 21.99.

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

Price / book value indicates the intrinsic value of a business and measures the price investors are willing to pay even when the business does not grow.

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

Promoter / FII Holding

Promoters held 74.99 percent of the company’s capital as of Dec. 31, 2021, while foreign investors and domestic institutional investors held 11.3 percent and 3.57 percent, respectively.

Key financial data

The company reported consolidated sales of Rs 2,238.0 crore for the quarter ended September 30, 2021, up 23.27% from Rs 1,815.52 crore the previous quarter and 26.75% from the previous quarter. Rs 1,765.73 crore from the quarter of the previous year.

Its profit for the last quarter stood at Rs 218.85 crore, down 0.95% from the same quarter a year ago.

Eleanor C. William