Berger Paints

Asian Paints has regained momentum and is set to maintain its dominance after outperforming the industry in the September quarter, Nuvama said

Birla Opus' early gloss fades, giving seasoned players room to repaint the market as disruption fears dry out and demand colours back in

The brokerage has upgraded Asian Paints and Berger Paints to 'Buy,' calling the stability in margins and dealer relationships a "re-rating event" for the industry.

Among individual players, the brokerage sees Kansai Nerolac as likely to be the most affected, given greater disruption in North India

On the bourses, Berger Paints shares were trading 0.75 per cent higher at 533.60 per share, around 9:20 AM. In comparison, BSE Sensex was trading 0.43 per cent higher at 81,453.23 levels.

Paint makers posted marginal Q1 growth after four quarters of decline, with demand aided by softer raw material prices and early festive season, though margins remain under pressure

Berger Paints aims for ₹20,000 crore revenue by 2030, banking on network expansion, innovative products, and strong dealer relationships to hold its 20%+ market share

Berger Paints share price slipped 2.8 per cent and logged an intra-day low at ₹556.2 per share on BSE post Q1 results.

JSW Paints news: JSW Paints' recent acquisition will increase the cut throat competition in the industry. Analysts, now, eye how Asian Paints and other paint stocks will sustain their margins

BPCL, HPCL, IOC, Asian Paints, and other downstream oil companies' stock surged, while ONGC, Oil India dropped after Brent crude oil slipped 5 per cent

Firm's mcap surges 84% in 4 years; combined mcap of rivals slips 23%

Acquisitions are a high risk strategy; there are advantages in utilizing one's own strengths

Few stay in frame as soft sales and rising competition blur the outlook canvas

When oil prices drop, upstream companies face reduced revenue, which can lead to cost-cutting measures, reduced profits, and in some cases, financial losses

Crude oil prices fell below $70 per barrel over US President Donald Trump's new tariffs, raising concerns over a global trade war that could weigh on oil demand

At close, Hindustan Petroleum Corporation (HPCL) was up 3.66 per cent, Bharat Petroleum Corporation (BPCL) was up 3.6 per cent and Indian Oil Corporation (IOC) was up 2.4 per cent

Berger Paints' revenue for the quarter under review rose 3.2 per cent to Rs 2,975.06 crore as compared to Rs 2,881.83 crore a year ago

Stocks to Watch on February 12, 2025: Investors will keep a watch on Berger Paints, Vi, SAIL after their Q3 numbers. They will also eye other stocks such as NBCC, NTPC and others

Berger Paints India Ltd on Tuesday reported a 1.4 per cent decline in consolidated net profit to Rs 295.97 crore in the December 2024 quarter, impacted by price cuts, muted urban demand and slowdown in a few key markets. The company had posted a consolidated net profit of Rs 300.16 crore in the third quarter last fiscal, Berger Paints India Ltd said in a regulatory filing. Consolidated revenue from operations in the quarter under review stood at Rs 2,975.06 crore against Rs 2,881.83 crore in the corresponding period a year ago, it added. Total expenses in the quarter stood at Rs 2,608.13 crore, up from Rs 2,504.32 crore in the year-ago period, the company said. "The tough market conditions continued into the third quarter with muted urban demand and slowdown in a few key markets. In spite of this, we were able to deliver high single-digit volume growth in the quarter and also saw sequential uptick in both volume and value growth," Berger Paints India Managing Director & CEO ...

Q3 FY25 company results, Feb 11: MOIL, Berger Paints, IIFL Securities, and Schneider Electric Infrastructure will be among 334 companies to release their performance report for the Oct-Dec quarter