The scrip opened at Rs 838.0 and touched an intraday high and low of Rs 844.75 and Rs 832.65, respectively, in the session so far. The stock of Berger Paints (India) Ltd. quoted a 52-week high of Rs 872.0 and a 52-week low of Rs 548.1.
As per BSE, the total market cap of the Berger Paints (India) Ltd. stood at Rs 81263.4 crore at the time of writing this report.
Key Financials
The company reported consolidated net sales of Rs 1815.52 crore for the quarter ended 30-Jun-2021, down 11.05 per cent from previous quarter’s Rs 2041.09 crore and down 93.43 per cent from the year-ago quarter’s Rs 938.59 crore.
The net profit for latest quarter stood at Rs 140.59 crore, up 811.74 per cent from the same quarter a year ago.
Shareholding pattern
As of 30-Jun-2021, domestic institutional investors held 0.87 per cent stake in the company, while foreign institutional investors held 11.25 per cent and the promoters 60.5 per cent.
Valuation ratio
According to BSE data, the stock traded at a price-to-earnings multiple of 96.18 and a price-to-book ratio of 21.99. A higher P/E ratio shows investors are willing to pay a higher price because of better future growth expectations. 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.
