Berger Paints shares drop 1.0% as Sensex rises

Berger Paints shares drop 1.0% as Sensex rises
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A total of 17,751 shares changed hands on the counter till 12:58PM (IST)

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The Dow Jones Industrial Average finished up 1,048.86 points, or 5.20 per cent, to 21,237.38 on Tuesday. The S&P500 index increased 143.06 points, or 6.00 per cent, to 2,529.19.

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Shares of the (India) Ltd. traded at Rs 754.7 on BSE at 12:58PM (IST) on Friday, down 1.0 per cent. The stock quoted a 52-week low price of Rs 431.55 and a high of Rs 824.8.

Earlier in the day, the stock saw a gap up opening.

At the prevailing price, the stock traded at 120.42 times its trailing 12-month EPS of Rs 6.33 per share and 18.16 times its book value, as per BSE data.

A total of 17,751 shares changed hands on the counter till 12:58PM (IST). The stock commands a market value of Rs 74041.82 crore and is part of the Paints/Varnishes industry.

The scrip has been an underperformer , up 62.67 per cent in the past one year in comparison with a 80.29 per cent gain in Sensex.

During the day, the stock moved between Rs 769.05 and Rs 753.95.

Promoter/FII Holding
Promoters held 60.5 per cent in the company as of 31-Dec-2020. FII and MF ownership in Berger Paints (India) Ltd. stood at 11.52 per cent and 0.91 per cent, respectively.

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