Berger Paints (India) Ltd., incorporated in the year 1923, is a Large Cap company (having a market cap of Rs 80190.12 Crore) operating in Building Materials sector.
Financials
For the quarter ended 31-03-2021, the company reported a Consolidated Total Income of Rs 2041.09 Crore, down -4.34 % from last quarter Total Income of Rs 2133.79 Crore and up 48.82 % from last year same quarter Total Income of Rs 1371.49 Crore. Company reported net profit after tax of Rs 209.68 Crore in latest quarter.
Investment Rationale
With sustained move above important averages, the stock has resumed its uptrend. Sustenance above 820 could lift the stock towards uncharted territory.
Promoter/FII Holdings
Promoters held 75 per cent stake in the company as of June 30, 2020, while FIIs held 11.7 per cent, DIIs 3 per cent and public and others 10.3 per cent.
(Disclaimer: Views and recommendations given in this section are the analysts’ own and do not represent those of ETMarkets.com. Please consult your financial adviser before taking any position in the stock/s mentioned.
