Berger Paints
Analyst Corner – Berger Paints: Maintain ‘hold’ with DCF-based TP of Rs 800
Higher focus on ancillary products: It has been focusing on ancillary products such as waterproofing and putty. It believes there is immense potential for these segments to grow considering low penetration. We model waterproo
Nifty may hit 15,400 in medium term; BFSI, infra sectors, HDFC, RIL, Titan stocks look strong on charts
Nifty, Bank nifty outlook: The lack of faster retracement on either side signifies extended consolidation (14900-14400) in coming weeks amid stock-specific action that would help index to form a higher base
Indigo Paints IPO: Grey market premium surges 57% from issue price, even as Sensex, Nifty fall
Even as Indian share markets were seen trading over one per cent down today, Indigo Paints shares were commanding a premium of Rs 850-860, up 57 per cent from IPO price in the grey market.
Berger Paints Q4 Net up 60% at Rs 92.77 cr
Berger Paints today reported a 59.72 per cent rise in its consolidated net profit at Rs 92.77 crore for the fourth quarter ended March.
Top 10 stocks that trended in today’s trade: Jindal Steel, Lupin and more
Lupin shares closed 9.04 per cent up at Rs 1801.45 after it reported 11.92 per cent decline in consolidated net profit to Rs 529.75 crore for the third quarter ended December 31.
Berger Paints logs 35% increase in Q1 net profit, shares up
Berger Paints India shares jumped around 3 per cent in the afternoon trade after the company reported 34.53 per cent rise in a consolidated net profit for the first quarter ended June 30, 2015.
