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NEW DELHI: Shares of Berger Paints (India) Ltd. traded 0.99 per cent up in Monday’s trade at 12:13PM (IST). Around 308,498 shares changed hands on the counter.
The stock opened at Rs 578.5 and touched an intraday high and low of Rs 580.2 and Rs 575.0, respectively, in the session so far. Shares of the company of
(India) Ltd. quoted a 52-week high of Rs 872.0 and a 52-week low of Rs 543.85.
Total market cap of the Berger Paints (India) Ltd. stood at Rs 56338.26 crore at the time of writing this report.
Key Financials
The company reported consolidated net sales of Rs 2206.63 crore for the quarter ended 31-Mar-2022, down 14.01 per cent from previous quarter’s Rs 2566.22 crore and down 8.11 per cent from the year-ago quarter’s Rs 2041.09 crore.
The net profit for latest quarter stood at Rs 220.66 crore, up 5.79 per cent from the same quarter a year ago.
Shareholding pattern
As of 30-Jun-2022, DIIs held 1.01 per cent stake in the firm, while foreign institutional investors held 11.03 per cent and the promoters 74.99 per cent.
Valuation ratio
According to BSE data, the stock traded at a P/E multiple of 67.65 and a price-to-book ratio of 17.31. A higher P/E ratio shows investors are willing to pay a higher price because of better future growth expectations. 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.
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