Page 5 - Berger Paints

Tech View: How to trade paint stocks amid drop in crude oil prices?

Share of Asian Paints and Berger Paints recorded new all-time highs in trade on Thursday

Margin worries, valuations weigh on Berger Paints amid strong Q4 show

The company's Q4 show, however, was better than market leader Asian Paints

Berger Paints Q4 net profit at Rs 209 crore on revenue of Rs 2,026 crore

Berger Paints is the second largest paint company in India with 16 manufacturing units.

Nifty outlook & trading ideas by HDFC Sec: Buy Berger Paints, ICICI Bank

The immediate target for the Nifty50 index is seen above the all-time high of 15,432 odd levels

Top trading calls by Ajit Mishra: Buy Berger Paints, Havells India

Havells' stock is currently trading around the support zone of medium-term moving average (100 EMA) on the daily chart and indications are in the favor of a strong surge in near future

Betting on pent-up demand, Berger Paints speeds up expansion plans

Berger is in the process of setting up a Rs 700-cr plant in Uttar Pradesh

Dhunseri, Berger may invest Rs 500 cr in Bengal's Panagarh industrial park

The paints major is contemplating to invest around Rs 100 crore to manufacture construction chemicals and putty, sources said

Bright Q3 at paint firms drives earnings upgrades, crude price a concern

Improving urban demand, revival in construction activity paint a rosy picture, but high valuations and rising input costs are concerns

Bull-run halts as auto, metal stks dip; Sensex ends flat, Nifty holds 15100

The Nifty Auto, Metal, and Pharma indices settled over 1 per cent lower each

Berger Paints gains over 4%, hits record high after Q2 result announcement

Revenue from operations grew 9 per cent to Rs 1,742.55 crore during the quarter under review.

Berger Paints Sept quarter net profit increases 13.55% to Rs 221 crore

Berger Paints India Ltd on Thursday reported an increase of 13.55 per cent in its consolidated net profit to Rs 221.05 crore for the second quarter ended September 2020

Sensex erases 2020 losses, settles 724 pts higher ahead of US poll outcome

All that happened in the markets today

Berger, IIT Guwahati develop surface disinfectant to fight Covid-19

The product, developed by a group of scientists led by Prof Biman B Mandal, was launched on Friday

Weekly stock picks by Religare Broking: Buy Berger Paints, HDFC Life

Berger Paints has resumed the uptrend and is currently trading at its record high. Indications are in the favor of prevailing momentum to extend upside further

Paint stocks in focus; Asian Paints, Berger Paints hit record highs

In the past three months, Asian Paints (up 22 per cent) and Berger Paints (up 19 per cent) outpaced the benchmark index, which gained 8 per cent during the same period

Nerolac expects double-digit growth this year, to invest Rs 450 cr

A 57 per cent market share in the automotive paints segment makes Kansai Nerolac the largest segmental player

Berger capex remain unaffected amid pandemic, aims higher market share

The country's second-largest paint maker Berger Paints said that despite the pandemic its capital expenditure for this fiscal remain unaffected and will be the same as last year. The major investment will be in its upcoming Sandila plant near Lucknow of around Rs 260 crore and the plant was expected to be operational from 2022 onwards, a company official said on Friday. The company was implementing a few strategies to narrow the gap with the market leader Asian Paints that commands about 50 per cent share in the paints industry. "Yes, we love to gain further market share and close the gap between us and Asian Paints, and that is our endeavour. We have taken a lot of measures," Abhijit Roy, MD & CEO, said while replying to shareholders' questions during the 96th AGM of Berger Paints. "They (Asian Paints) are about three times our size and we are about 18-20 per cent and are quite hopeful that some of our strategies might work," Roy told reporters. He said the company

Paint stocks' valuations dicey, investors should await better entry point

Gains from expected business recovery and benign input costs already priced in Asian Paints and Berger Paints' scrips

Berger Paints: Weaker Q1 show indicates premium valuation unjustifiable

46% fall in top line and muted profit margin led to 88% dip in pre-tax profit in June quarter

MARKET WRAP: Sensex gains 173 pts as auto, IT, and metal stocks advance

All that happened in the markets today