Berger Paints (India) Ltd., incorporated in the year 1923, is a Large Cap company (having a market cap of Rs 59749.44 Crore) operating in Building Materials sector.
For the quarter ended 30-06-2020, the company reported a Consolidated sales of Rs 930.76 Crore, down 31.30 % from last quarter Sales of Rs 1354.84 Crore and down 45.78 % from last year same quarter Sales of Rs 1716.53 Crore. The Company reported net profit after tax of Rs 19.56 Crore in latest quarter.
Stock is consolidating around its all-time high level. It has taken support at its 21-day exponential moving average and started its upward journey. We can see new high in the stock in the upcoming trading sessions
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.