The stock quoted a 52-week low price of Rs 535.0 and a high of Rs 872.0.
Earlier, shares of the company saw a gap up opening in the morning.
A total of 10,702 lakh shares changed hands on the counter till 11:38AM (IST).
The stock of Berger Paints (India) Ltd. commanded a market value of Rs 77013.98 crore, according to BSE.
The stock traded at a price-to-earning (P/E) multiple of 91.15, while the price-to-book value ratio stood at 21.99. Return on equity (ROE) was at 21.31 per cent, according to exchange data.
In the BSE500 pack, 346 stocks traded in the green, while 154 stocks were in the red.
The stock’s beta value, which measures volatility in relation to the broader market, stood at 0.89.
Promotor/FII Holding
Promoters held 60.5 per cent in Berger Paints (India) Ltd. as of 30-Jun-2021 while overseas and domestic institutional investors owned 11.25 per cent and 0.87 per cent, respectively.
Moving averages
The 200-DMA of the stock stood at 755.78 on August 25, while the 50-DMA was at 825.63. If a stock trades below 50-DMA and 200-DMA, it usually means the immediate trend is upward. On the other hand, if the stock trades below 50-DMA and 200-DMA, it is considered as bearish trend and if trades between 50-DMA and 200-DMA, then it suggests the stock can go either way.
