Berger Paints Share Price: Share price of Berger Paints falls as Sensex gains 266.99 points

Share value of Berger Paints (India) Ltd. dropped 1.73 per cent to Rs 582.9 at 01:48PM (IST) in Friday’s commerce. The counter hit a excessive of Rs 594.95 and low of Rs 579.45 to date in the course of the session. The inventory had closed at Rs 593.15 within the earlier session.

The counter had a complete traded quantity of 01:48PM shares to date with a turnover of Rs 3.39 crore on BSE. The inventory traded at a price-to-earnings a number of of 68.16 and a price-to-book ratio of 17.31.

A better price-to-earnings ratio reveals buyers are prepared to pay the next value for per rupee earnings given by the inventory due to higher future development expectations.

The value-to-book worth signifies the inherent worth of an organization and is the measure of the worth that buyers are able to pay even for no development within the enterprise.

(India) Ltd. belongs to the Paints/Varnishes business.

Promotor/FII Holding

Promoters held 74.99 per cent stake within the firm as of 31-Mar-2022, whereas international buyers and home institutional buyers possession stood at 11.28 per cent and three.4 per cent, respectively.

Key Financials

The corporate reported consolidated gross sales of Rs 2206.63 crore for the quarter ended 31-Mar-2022, down 14.01 per cent from the earlier quarter’s Rs 2566.22 crore and down 8.11 per cent from the year-ago quarter’s Rs 2041.09 crore.

Its revenue for the most recent quarter stood at Rs 220.66 crore, up 5.79 per cent from the identical quarter a 12 months in the past.