The counter had a total traded volume of 11:38AM shares so far with a turnover of Rs 0.51 crore on BSE. The stock traded at a price-to-earnings multiple of 113.73 and a price-to-book ratio of 18.16.
A higher price-to-earnings ratio shows investors are willing to pay a higher price for per rupee earnings given by the stock because of better future growth expectations.
The price-to-book value indicates the inherent value of a company and is the measure of the price that investors are ready to pay even for no growth in the business.
Berger Paints (India) Ltd. belongs to the Paints/Varnishes industry.
Promotor/FII Holding
Promoters held 149.96 per cent stake in the company as of 31-Mar-2021, while overseas investors and domestic institutional investors ownership stood at 22.48 per cent and 8.02 per cent, respectively.
Key Financials
The firm reported consolidated net sales of Rs 2133.79 crore for the quarter ended 31-Dec-2020, up 20.84 per cent from the previous quarter’s Rs 1765.73 crore and up 24.77 per cent from the year-ago quarter’s Rs 1710.13 crore.
Its profit for the latest quarter stood at Rs 274.8 crore, up 50.7 per cent from the same quarter a year ago.
