Berger Paints India rose 2.43% to Rs 209.05 at 13:07 IST on BSE after consolidated net profit rose 7.1% to Rs 82.30 crore on 11.9% growth in net sales and other operating income to Rs 1029.80 crore in Q3 December 2013 over Q3 December 2012.
The Q3 result was announced on Saturday, 1 February 2014.
Meanwhile, the S&P BSE Sensex was down 201.82 points or 0.98% at 20,312.03.
On BSE, so far 19,000 shares were traded in the counter as against average daily volume of 24,250 shares in the past one quarter.
The stock hit a high of Rs 213.50 and a low of Rs 207.50 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 169.10 on 31 January 2013.
The stock underperformed the market over the past one month till 31 January 2014, sliding 9.23% compared with the Sensex's 3.1% fall. The scrip had also underperformed the market in past one quarter, declining 11.41% as against Sensex's 3.07% fall.
The mid-cap company has equity capital of Rs 69.30 crore. Face value per share is Rs 2.
Berger Paints India's consolidated earnings before depreciation, interest and taxation (EBDIT) rose 12.6% to Rs 131.50 crore in Q3 December 2013 over Q3 December 2012.
Berger Paints India's net profit rose 0.33% to Rs 65.66 crore on 7.4% growth in net sales and other operating income to Rs 882.78 crore in Q3 December 2013 over Q3 December 2012.
Berger Paints India manufactures and markets a range of decorative and industrial paint products and has operations throughout India.
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