The share price of Berger Paints (India) Ltd. dropped 1.06 per cent to Rs 724.0 at 12:22PM (IST) in Tuesday’s trade. The stock has hit a high of Rs 733.95 and low of Rs 716.1 so far during the session. The stock had closed at Rs 731.75 in the previous session.
The counter has had a total traded volume of 10975 shares so far with a value of Rs 0.79 crore on the NSE. It traded at a price-to-earnings multiple of 85.68 and a price-to-book ratio of 21.99.
A higher price-to-earnings 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 reflects the price investors are willing to pay even for no growth in the business.
The scrip declined 0.49 per cent during the past one year, while the 30-share index advanced 19.11 per cent during the same period.
Berger Paints (India) Ltd. belongs to the Paints/Varnishes industry.
Promotor/FII Holding
Promoters held 60.51 per cent stake in the company as of 31-Dec-2021, while FIIs and domestic institutional investors ownership stood at 11.3 per cent and 1.15 per cent, respectively.
Key Financials
The firm reported consolidated net sales of Rs 2566.22 crore for the quarter ended 31-Dec-2021, up 14.67 per cent from the previous quarter’s Rs 2238.0 crore and up 20.27 per cent from the year-ago quarter’s Rs 2133.79 crore.
Profit for the latest quarter stood at Rs 252.72 crore, down 8.03 per cent from the same quarter a year ago.
For all the latest Business News Click Here
For the latest news and updates, follow us on Google News.
Denial of responsibility! NewsBit.us is an automatic aggregator around the global media. All the content are available free on Internet. We have just arranged it in one platform for educational purpose only. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their authors. If you are the owner of the content and do not want us to publish your materials on our website, please contact us by email – [email protected]. The content will be deleted within 24 hours.
