The Economic Times
English Edition
| E-Paper
Search
+

    Shares of Berger Paints fall as Nifty gains

    Synopsis

    On the technical charts, the 200-day moving average of the stock stood at Rs 713.84.

    Getty Images
    According to the figures updated at 5.45 pm, the number of active COVID-19 cases is at 470.
    Shares of (India) Ltd. slipped 0.15 per cent to Rs 807.4 in Friday's trade as of 01:26PM (IST). It hit a high of Rs 815.0 and low of Rs 805.5 during the session.

    The stock quoted a 52-week high price of Rs 842.55 and a low of Rs 488.45. The return on equity for the stock stood at 21.31 per cent. About 5,089 shares have changed hands on the counter so far.

    The stock's beta value, which measures its volatility in relation to the broader market, stood at 0.89.

    Did you Know?

    Stock score of Berger Paints India Ltd moved up by 1 in an year on a 10-point scale.

    View Latest Stock Report »

    The scrip has been an outperformer, up 63.69 per cent in the past one year in comparison with a 47.78 per cent gain in Sensex.

    Technicals
    On the technical charts, the 200-day moving average (DMA) of the stock stood at Rs 488.45 on July 02, while the 50-DMA was at Rs 779.72. If a stock trades well above 50-DMA and 200-DMA, it usually means the immediate trend is upward. On the other hand, if the stock trades well below 50-DMA and 200-DMA both, it is considered a bearish trend and if trades between these averages, then it suggests the stock can go either way.

    Promoter/FII Holding
    Promoters held 60.5 per cent stake in Berger Paints (India) Ltd. as of 31-Mar-2021. Mutual funds and foreign institutional investors held 0.82 per cent and 11.24 per cent stake.
    (What's moving Sensex and Nifty Track latest market news, stock tips and expert advice on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds.)

    Download The Economic Times News App to get Daily Market Updates & Live Business News.

    Read before you invest. Insights on Berger Paints (India) Ltd.. Explore Now
    The Economic Times

    Stories you might be interested in