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Berger Paints (India) Ltd., included within the yr 1923, is a Massive Cap firm (having a market cap of Rs 67550.69 Crore) working in Constructing Supplies sector.
Berger Paints (India) Ltd. key Merchandise/Income Segments embrace Paints, Enamels, Varnishes, Contract Income, Different Working Income and Scrap for the yr ending 31-Mar-2021.
Financials
For the quarter ended 31-12-2021, the corporate reported a Consolidated Whole Earnings of Rs 2566.22 Crore, up 14.67 % from final quarter Whole Earnings of Rs 2238.00 Crore and up 20.27 % from final yr identical quarter Whole Earnings of Rs 2133.79 Crore. Firm reported web revenue after tax of Rs 253.49 Crore in newest quarter.
Funding Rationale
Inventory has resumed its uptrend after taking help on the 50% Fibonacci retracement stage and forming a short lived backside there. Additional, a sustained commerce above Rs 705 will take it larger to ranges of Rs 724. RSI too suggests an upmove.
Promoter/FII Holdings
Promoters held 74.99 per cent stake within the firm as of 31-Dec-2021, whereas FIIs owned 11.3 per cent, DIIs 3.57 per cent.
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