Page 4 - Berger Paints

Berger Paints hits new high in weak market, surges 12% so far in August

The company delivered strong April-June quarter (Q1FY20) results led by low double-digit domestic decorative paint volume growth and robust growth in subsidiary businesses.

Home repainting biz adds gloss to paint firms' Q1 show in times of slowdown

Growth came despite a sustained slowdown in the automotive and construction segments, both of which are key users of paints

Nestle, Abbott India, Asian Paints, Pidilite hit new highs on good earnings

Nestle India gained 4% to Rs 12,266 apiece, surging 7% during current week, after the company reported a 11% year-on-year (YoY) rise in net profit to Rs 438 crore for the quarter ended June 2019.

Berger comes up with flying colours in Q1, stock gains 7% in 3 days

While distribution and expansion plans improve volume growth visibility, benign input cost could help push up profitability

Berger Paints India net profit up 31.7% to Rs 176.41 crore in Q1

Berger Paints' total expenses rose 13.28 per cent to Rs 1,467.48 crore from Rs 1,295.38 crore in the year-ago period

Berger Paints stock set to gain from lower input costs, crude oil prices

Analysts foresee a 12-16% annual revenue growth

How Fifa World Cup 2018 boosted Berger Paints' Russian venture

Company's loss-making Russian arm painted three World Cup soccer venues, and two airports to break even this fiscal; Berger now mulls acquiring competing painting companies

Beating peers may not be easy for Berger as it lags in rural markets

Firm could see more gains, led by recovery in rural demand

Berger Paints to build new plant in Uttar Pradesh with Rs 1.5 bn investment

The plant will largely manufacture decorative paints and cater to local needs for industrial coatings

Berger Paints plans to enter non-paint home decor business

It seeks shareholders' approval to diversify the portfolio

Berger Paints Q4 net profit declines 21% to Rs 75 crore

Berger Paints total income increased by 7.91% to Rs 1,151 crore

Berger enters marine paints segment, to bring in Bolix brand in India

India's second largest paint maker Berger Paints has entered into a partnership with Japan based Chugoku Marine Paints (CMP) which marks the former's entry into the marine paints segment.While initially, Berger Paints will act like a production partner for CMP India to cater to its clients, the partnership also opens up a possibility of a future joint-venture.Abhijit Roy, managing director and CEO of Berger Paints said that under the current terms of the treaty, CMP will procure paint from its VVN plant in Gujarat which has an installed capacity of 4,000 tonnes per month."However, we might opt for a joint venture to enter this segment directly", he said.Its plants in Jejuri in Maharashtra and Pondicherry will also be used for rolling out marine paints products in the near future.While Berger Paints will have limited branding visibility as the paint will be sold under the CMP brand name in India, the company is expected to gain hands-on experience in the marine coatings business to ...

Berger enters marine paints; to also bring Bolix brand to India

Berger will initially be a production partner for Chugoku Marine Paints India

Berger Paints gains on signing MoU with Japanese firm Chugoku Marine Paints

The stock was up 3% at Rs 240 on BSE in otherwise weak market

Berger Paints Q3 net down 2% to Rs 109 cr

Firm's revenue grew 5% to Rs 1,296 crore

Berger Paints to stabilise top line

Berger Paints is responding to the crisis by effecting a course correction in its growth strategy

Berger Paints Q4 net up 55% to Rs 120 cr

Income from operations at Rs 1,246 crore, up 10.6% from a year ago

Berger Paints to invest Rs 100 crore in Jejuri plant

As of now, the plant's capacity is 12,000 tonnes which will be increased to 22,000 tonnes

Berger Paints Q1 net rises 55% at Rs 120 crore

Stock of the company was trading 0.29% up at Rs 240.65 on BSE

Berger Paints completes business transfer to BNB Coatings

BNB Coatings is a 51:49% joint venture between NPAU and Berger Paints