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1 Comment
Berger Paints India Limited is currently in a long term uptrend where the price is trading 16.8% above its 200 day moving average.
From a valuation standpoint, the stock is 99.6% cheaper than other stocks from the Basic Materials sector with a price to sales ratio of 12.0.
Berger Paints India Limited's total revenue rose by 24.9% to $21B since the same quarter in the previous year.
Its net income has increased by 50.7% to $3B since the same quarter in the previous year.
Finally, its free cash flow grew by 2.4% to $3B since the same quarter in the previous year.
Based on the above factors, Berger Paints India Limited gets an overall score of 5/5.
Sector | Basic Materials |
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Industry | Specialty Chemicals |
Exchange | NSE |
CurrencyCode | INR |
ISIN | INE463A01038 |
Market Cap | 682B |
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PE Ratio | 59.81 |
Target Price | 500.7619 |
Dividend Yield | 0.6% |
Beta | 0.44 |
Berger Paints India Limited manufactures and sells paints for home, professional, and industrial users in India and internationally. The company offers interior wall coatings, including designer finishes, interior emulsions, and ceiling paints; exterior wall coatings comprising exterior emulsions and textures, and roof and floor coatings; specialty industrial coatings; putty and cement paints; solvent, interior, exterior, metal, and wood primers; waterproofing solutions; wood finishes; enamels; aerosol spray paints, and DIY kits and stickers. It also provides automotive, fireproof, protective, floor, and powder coatings; road markings; construction chemicals, flooring compounds, bitumen and coal tar-based products, sealants and adhesives, and anti-corrosive coatings; lacquers; and various sanitization products. In addition, the company offers acrylic, silicate, and mineral plasters; thermal insulation adhesives; mortars; ready to use coat, wood effect, ribbed effect, concrete effect, and 3D effect panels; gel adhesives; and coil coating solutions. The company was formerly known as British Paints (India) Limited and changed its name to Berger Paints India Limited in December 1983. The company was incorporated in 1923 and is based in Kolkata, India. Berger Paints India Limited is a subsidiary of U. K. Paints India Private Limited.
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