Berger Paints slips on profit booking

Image
Capital Market
Last Updated : Nov 05 2013 | 11:59 PM IST

Berger Paints India fell 1.02% to Rs 234 at 13:35 IST on BSE on profit booking after gaining 6.61% in prior five trading sessions.

Meanwhile, the S&P BSE Sensex was down 143.73 points or 0.68% at 21,095.63

On BSE, 11,438 shares were traded in the counter as against average daily volume of 33,937 shares in the past one quarter.

The stock hit a high of Rs 236.75 and a low of Rs 233.15 so far during the day. The stock had hit a record high of Rs 256.30 on 19 July 2013. The stock had hit a 52-week low of Rs 137.05 on 19 November 2012.

The stock outperformed the market over the past one month till 3 November 2013, surging 10% compared with the Sensex's 6.72% rise. The scrip had also outperformed the market in past one quarter, advancing 15.54% as against Sensex's 10.83% rise.

The mid-cap company has equity capital of Rs 69.26 crore. Face value per share is Rs 2.

Shares of Berger Paints India had gained 6.61% in five trading sessions to Rs 236.40 on 3 November 2013 from a recent low of Rs 221.75 on 28 October 2013. Gains were supported by the company announcing good Q2 result during trading hours on Friday, 1 November 2013.

Berger Paints India's consolidated net profit rose 17.29% to Rs 62.67 crore on 19.42% growth in total income to Rs 974.50 crore in Q2 September 2013 over Q2 September 2012.

Berger Paints India manufactures and markets a range of decorative and industrial paint products and has operations throughout India.

Powered by Capital Market - Live News

More From This Section

First Published: Nov 05 2013 | 1:43 PM IST

Next Story