Page 6 - Berger Paints

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

Berger Paints falls 4% as Q1 net profit slips 91% YoY; what brokerages say

It had posted a net profit of Rs 176.41 crore in the corresponding quarter of the previous fiscal.

Stock calls by Sameet Chavan of Angel Broking: Sell Tata Motors, Biocon

One can see a formation of 'Bearish Engulfing' pattern on Tata Motors' daily chart

Covid-19 impact: Berger Paints India Q1 net profit down 91% to Rs 15 cr

Berger Paints India Ltd on Friday reported a 91.44 per cent decline in consolidated net profit to Rs 15.09 crore for the quarter ended June, hit by the Covid-19 crisis

Stay light as Nifty nearing crucial hurdles: Sameet Chavan of Angel Broking

On the downside, a move below 11,100 would lead to immediate correction towards 10,950 - 10,880 levels

Faster recovery in rural areas, cheaper oil augur well for paint firms

Shares of Asian Paints, Berger Paints, and Kansai Nerolac gained between 3.7 and 7 per cent, even as the Sensex fell 1.5 per cent on Wednesday

Berger Paints India's Q4 net profit declines 6.5% to Rs 103.18 cr

The company had posted a net profit of Rs 110.37 crore during the January-March quarter of the previous fiscal, Berger Paints India said in a regulatory filing

Paint stocks trade weak on concern of demand destruction in near term

Asian Paints, Berger Paints India, Kansai Nerolac Paints and Akzo Nobel India slipped in the range of 2 per cent and 5 per cent on the BSE.

Hindustan Unilever's valuation premium over peers hits record high

Trading at 77x, its trailing 12-month net profit against industry average of about 43x

Derivatives strategy on Berger Paints by Nandish Shah of HDFC Securities

Long build-up is seen in the Berger Paints Futures where we have seen rise in Open Interest with price moving up by 1.70 per cent

Market Ahead, February 5: Top factors that could guide markets today

Today, a total of 126 companies, including Adani Enterprises, Berger Paints, Cipla, and Indiabulls Housing, are scheduled to announce their December quarter results

Weekly stock picks by Religare Broking: Buy Berger Paints, REC Limited

On January 14, Berger Paint's stock surged strongly and made a new record high, supported with a noticeable rise in volume

Asian Paints, Berger Paints & 16 other BSE500 stocks hit new highs

Polycab India jumped 6 per cent to hit a new high of Rs 1,109 since its listing on April 16, 2019

Nifty outlook and top trading ideas by Jay Anand Thakkar of Anand Rathi

The daily, as well as weekly, MACD for Nifty, is still in buy mode; hence, the bulls still have an upper hand on that front

Broad strokes: Pricing power to help paint majors clock volume-led growth

Paint companies' relatively good performance in recent quarters, with double-digit volume growth and strong margins, is a key driving factor

Berger to acquire remaining 3.59pc stake in STP 'shortly'

STP, formerly known as Shalimar Tar Products Ltd, become a subsidiary of Berger with effect from November 1, it said.

Top stock recommendations by Anand Rathi: Buy Berger Paints, sell Sun TV

Stock recommendation by Jay Anand Thakkar, CMT -Assistant Vice President - Equity Research, Anand Rathi Shares and Stock Brokers

Berger Paints hits new high in weak market, surges 12% so far in August

The company delivered strong April-June quarter (Q1FY20) results led by low double-digit domestic decorative paint volume growth and robust growth in subsidiary businesses.

Home repainting biz adds gloss to paint firms' Q1 show in times of slowdown

Growth came despite a sustained slowdown in the automotive and construction segments, both of which are key users of paints