The counter had a total traded volume of 12:34PM shares so far with a turnover of Rs 2.95 crore on BSE. The stock traded at a price-to-earnings multiple of 90.45 and a price-to-book ratio of 21.99.
A higher P/E 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 74.99 per cent stake in the company as of 30-Sep-2021, while overseas investors and domestic institutional investors ownership stood at 11.22 per cent and 3.9 per cent, respectively.
Key Financials
The company reported consolidated net sales of Rs 2238.0 crore for the quarter ended 30-Sep-2021, up 23.27 per cent from the previous quarter’s Rs 1815.52 crore and up 26.75 per cent from the year-ago quarter’s Rs 1765.73 crore.
Its profit for the latest quarter stood at Rs 218.85 crore, down 0.95 per cent from the same quarter a year ago.