What is the turnover of Berger Paints?
PAT
| Yearly – Berger Paints (India) Ltd. | ||
|---|---|---|
| Rs (in Crores) | ||
| INCOME | ||
| Net Sales Turnover | 6021.41 | 4121.53 |
| Other Income | 55.77 | 48.67 |
Is Berger paint a good stock to buy for long term?
It has been trading above its 200-DMA, indicating a positive outlook on the stock. We expect the momentum to continue in the stock as it has bounced back from its 55-SMA. We recommend buying with a target of Rs 710 with a stop loss placed at Rs 585 from a medium-term perspective.
Is Berger paint debt free?
Company is virtually debt free. Company has a healthy Interest coverage ratio of 28.65.
What is the market share of Berger Paints in India?
On a pan-India basis, Berger holds around 19% of the overall market share in terms of value among listed paints companies.
Why did Berger Paint share fall?
The sudden spike in crude prices will impact earnings of paint companies, which are already battling with low demands and supply chain issue. The paint industry has witnessed slow demand conditions due to state-level restrictions at the beginning of January.
Will Berger Paints share price increase?
Will Berger Paints India stock price grow / rise / go up? Yes. The Berger Paints India Ltd stock price can go up from 702.350 INR to 896.404 INR in one year.
When was Berger Paints established?
December 17, 1923Berger Paints / Founded
Why did Berger Paints share fall?
The paint industry has witnessed slow demand conditions due to state-level restrictions at the beginning of January. However, demand is expected to pick going forward with uptake in economic activities and sustained demand for automobiles, which aid paint industry.
Why choose Berger Paints India Limited?
With modest beginnings in India in 1923, today, Berger Paints India Limited is the second largest paint company in the country with a consistent track record of being one of the fastest growing paint companies, quarter on quarter, for the past few years.
How much of Berger Paints shares are owned by promoters?
As of 31-Mar-2022, promoters held 60.51 per cent stake in the company, while FIIs held 11.28 per cent and domestic institutional investors had 0.86 per cent. Shares of Berger Paints (India) Ltd. rose 0.45 per cent to Rs 718.2 at 11:16AM hours (IST) on Friday.
Who is the founder of Berger Paints?
The driving forces of Berger Paints – reflect the very spirit of its founder Lewis Berger – who laid the foundations of brand Berger way back in 1760 in the UK. With modest beginnings in India in 1923, today, Berger Paints India Limited is the second largest paint company in the country with a consistent track record of being one
How many dealers does Lewis Berger have?
They have an employee strength of over 3,600 and a countrywide distribution network of 25,000+ dealers. In 1770, Louis Steigenberger shifted from Frankfurt to London to sell a Prussian blue colour, which was made using his own formula. He then changed his name to Lewis Berger.