ReutersShare price of Berger Paints (India) Ltd. dropped 2.92 per cent to Rs 637.75 at 01:59PM (IST) in Monday's trade. The counter hit a high of Rs 669.65 and low of Rs 633.3 so far during the session. The stock had closed at Rs 656.95 in the previous session.
The counter had a total traded volume of 01:59PM shares so far with a turnover of Rs 2.07 crore on BSE. The stock traded at a price-to-earnings multiple of 75.53 and a price-to-book ratio of 21.99.
A higher P/E ratio shows investors are willing to pay a higher price for per rupee earnings given by the stock because of better future growth expectations.
The price-to-book value indicates the inherent value of a company and is the measure of the price that investors are ready to pay even for no growth in the business.
(India) Ltd. belongs to the Paints/Varnishes industry.
Promotor/FII Holding
Promoters held 74.99 per cent stake in the company as of 31-Mar-2022, while foreign investors and domestic institutional investors ownership stood at 11.28 per cent and 3.4 per cent, respectively.
Key Financials
The company reported consolidated sales of Rs 2566.22 crore for the quarter ended 31-Dec-2021, up 14.67 per cent from the previous quarter's Rs 2238.0 crore and up 20.27 per cent from the year-ago quarter's Rs 2133.79 crore.
Its profit for the latest quarter stood at Rs 252.72 crore, down 8.03 per cent from the same quarter a year ago.
The counter had a total traded volume of 01:59PM shares so far with a turnover of Rs 2.07 crore on BSE. The stock traded at a price-to-earnings multiple of 75.53 and a price-to-book ratio of 21.99.
A higher P/E ratio shows investors are willing to pay a higher price for per rupee earnings given by the stock because of better future growth expectations.
The price-to-book value indicates the inherent value of a company and is the measure of the price that investors are ready to pay even for no growth in the business.
(India) Ltd. belongs to the Paints/Varnishes industry.
Promotor/FII Holding
Promoters held 74.99 per cent stake in the company as of 31-Mar-2022, while foreign investors and domestic institutional investors ownership stood at 11.28 per cent and 3.4 per cent, respectively.
Key Financials
The company reported consolidated sales of Rs 2566.22 crore for the quarter ended 31-Dec-2021, up 14.67 per cent from the previous quarter's Rs 2238.0 crore and up 20.27 per cent from the year-ago quarter's Rs 2133.79 crore.
Its profit for the latest quarter stood at Rs 252.72 crore, down 8.03 per cent from the same quarter a year ago.
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