Berger Paints India fell 3.85% to Rs 446.60, extending losses for seventh trading session.
Shares of the paint maker have fallen 15.92% in seven sessions from its recent closing high of Rs 531.20 recorded on 27 April 2020.
Meanwhile, the S&P BSE Sensex was down 228 points or 0.72% to 31458.02.
On the BSE, 66,151 shares were traded in the counter so far compared with average daily volumes of 42,258 shares in the past two weeks. The stock hit a high of Rs 470.5 and a low of Rs 440.65 so far during the day.
The stock hit a 52-week high of Rs 597.45 on 05 Feb 2020. The stock hit a 52-week low of Rs 292.2 on 16 May 2019.
On a consolidated basis, the company's net profit rose 36.92% to Rs 182.35 crore on 4.90% increase in net sales to Rs 1,695.87 crore in Q3 December 2019 over Q3 December 2018.
Berger Paints is engaged in retail, decorative and industrial painting solutions.
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