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Asian Paints Berger Paints

OMC stocks like BPCL, HPCL are better placed on the charts; decisive move over their key hurdles could see next leg of upside

Updated On: 19 Jan 2023 | 12:25 PM IST
Bs_logoBarring OMCs, Paint & Tyre stocks may see adverse impact if Brent tops $88

Berger Paints India Ltd on Thursday reported a 5.60 per cent increase in consolidated net profit to Rs 220.29 crore for the fourth quarter ended March 2022. The company had posted a consolidated net profit of Rs 208.60 crore in the January-March period a year ago, Berger Paints said in a regulatory filing. Revenue from operations was up 7.96 per cent at Rs 2,187.51 crore during the quarter as against Rs 2,026.09 crore in the year-ago period. Total expenses were at Rs 1,915.43 crore, up 9.03 per cent in Q4 FY22 as against Rs 1,756.64 crore earlier. For the full fiscal ended March 2022, Berger Paints' net profit was up 15.73 per cent at Rs 832.95 crore, compared to a net profit of Rs 719.72 crore in the previous fiscal. Its revenue from operations climbed 28.51 per cent to Rs 8,761.78 crore from Rs 6,817.59 crore in FY21. The board has recommended a dividend of 310 per cent, which is Rs 3.10 per equity share of Re 1 each for the financial year 2021-22. Shares of Berger Paints Ind

Updated On: 26 May 2022 | 6:47 PM IST
Bs_logoBerger Paints Q4 net up 5.6% to Rs 220 cr; revenue up 8% to Rs 2,187 cr

Grasim has doubled the capital expenditure for its foray into the paints business to Rs 10,000 crore.

Updated On: 26 May 2022 | 2:29 AM IST
Bs_logoAsian Paints, Berger Paints slip 6% after Grasim doubles capex plan

Changes in the income-tax, likely good monsoon and the on-going above normal Rabi acreage along with higher MSPs are the key triggers analysts are betting on for the consumption revival

Updated On: 21 Sep 2021 | 4:04 PM IST
Bs_logoHUL to Relaxo Footwears: Analysts upbeat on consumption-related stocks

The domestic paints industry commands strong pricing power, which is evident from frequent price hikes amid inflationary raw material prices

Updated On: 25 May 2021 | 11:47 AM IST
Bs_logoAsian Paints, Berger Paints hit new highs, gain 15% in a month

The overall trend in paints stocks is still bullish with mild profit-booking.

Updated On: 06 Nov 2020 | 12:15 PM IST
Bs_logoAsian Paints, Pidilite Ind: Trading strategies for paint stocks post Q2 nos

In the past three months, Asian Paints and Berger Paints have rallied 28 per cent and 19 per cent, respectively as compared to a 4.6 per cent rise in the benchmark Sensex

Updated On: 29 Oct 2020 | 2:08 PM IST

Asian Paints is scheduled to announce its July-September quarter (Q2FY21) results on October 22, 2020. The board will also consider the payment of interim dividend, if any

Updated On: 07 Oct 2020 | 11:27 AM IST

At 9:38 am, Brent Crude Futures were at $32.27/bbl, down 13 cents or 28.72 per cent, US WTI, on the other hand, was at $28.45/bbl-mark, down 12.83 cents or 31 per cent.

Updated On: 09 Mar 2020 | 10:52 AM IST

JSW Paints on course to achieve 1st-yr distribution & turnover targets

Updated On: 16 Feb 2020 | 11:19 PM IST

Berger trading at more than 25% premium to Asian Paints

Updated On: 14 Feb 2020 | 12:18 AM IST

Iran's missile attacks on the Ain Al-Asad airbase and another in Erbil, Iraq, early Wednesday came hours after the funeral of an Iranian commander whose killing in a US drone strike has raised fears

Updated On: 08 Jan 2020 | 10:28 AM IST

Technical Calls by Gaurav Garg, Head of Research at CapitalVia Global Research Limited- Investment Advisor

Updated On: 31 Oct 2019 | 7:54 AM IST

Berger Paints climbed 5 per cent to Rs 352 after the company posted a better-than-expected 31 per cent year-on-year (YoY) growth in consolidated net profit at Rs 164 crore in Q1FY20

Updated On: 06 Aug 2019 | 11:48 AM IST

Berger Paints India has rallied 4% to Rs 307 on the BSE in intra-day trade, surpassing its previous high of Rs 305 recorded on May 29, 2018.

Updated On: 09 Jul 2018 | 12:42 PM IST