Berger Paints Share Price Target The company also recently raised prices to keep up with the rising cost of materials to consumers. As our outlook improves, we update our recommendation on the stock to hold with a target price of Rs.
Therefore, we maintain our DECREASE rating for the shares with a revised target price of Rs. Keeping in view the near-term uncertainties, we maintain our DECREASE rating for the shares with a revised target price of Rs.
Berger Paints Share Price Target
The positive outlook on the stock is based on strong brand appeal, continued growth in the decorative segment, renewed activity in the industrial segment and growth in market share. In addition, rising prices will help mitigate the risk of a rise in commodity prices. It seems that the prices of LED have come down and the company is on the way to increase its market share.
The company reported net income after tax of Rs 141.32 crore in the most recent quarter. The target share price for the period of 8-10 months will be Rs 874, with current P/BVX of 3.24x and BVPS (Book Value Per Share) of Rs 269.67 for 23 financial years. Thus, the target price for the share is expected to be Rs 529 for a period of 8-10 months, with current P/BVX of 2.65x and BVPS at Rs 199.67 for 23 FY.
Based on our forecasts we expect long term growth, Berger Paints India Limited share price forecast for 2026-11-20 at INR 1,797,680. The time period specified by the analyst is one year during which Berger Paints (India) Ltd price may attain a specific target. Berger Paints (India) Limited, incorporated in 1923, is a Large Cap company (having a market cap of Rs 78,553.49) operating in the Building Materials industry.
Berger Paints Daily & Tomorrow Stock Price Prediction – Using the MACD Indicator Check out the Berger Paints stock price forecast using the MACD indicator to see if you need to buy, sell or hold these shares to trade.
Berger Plots Stock Price Prediction or Target – Using Camarilla Equation View intraday, tomorrow and short term forecast of Burger Paints stock using Camarilla Equation. Prepares stock price forecasts for short-term trading using the Berger SMA indicator. Simple Moving Average is a strong indicator for short term trading.
The above targets for a stock’s price are based on price movements and chart levels at which the stock has shown significant price action. Berger Paints’ weekly analysis of price action on a short-term time frame is positive, but buyers have turned bullish on the stock recently.
Berger Paints Share Price Targets 2022, 2023, 2024, 2025 and 2030
Berger Paints’ monthly analysis of price action on a near-term time frame is negative, but sellers have been active on the stock lately. If Berger Paints is below 794.72, the bearish target is more likely to be hit.
There is a short hedge, with prices up nearly 18% in October’s streak and an increase in implied volatility indicating that bulls are in action. The rollover remained unchanged for the past 2 months at 93 per cent, indicating that long equities had risen by over 10 per cent in the October series.
Sellers dominated the stock market this month and may continue to dominate for the next few days. My analysis of the stock is short term bearish but the stock is half sold out and there is some chance of recovery tomorrow.
Use 749.9 as an intraday buy stop loss with a target of 768.37. You can buy this stock if the price hits the buy entry, or you can sell a short position if the price hits the sell entry. According to Graham’s internal equation, you should invest in stocks if the current share price is low.
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As a joint venture, in which Berger Paints India Limited holds 49% of the paid-in share capital, BNPAC can be considered a related party and the transaction was carried out on market terms. On 23 September 2014, Berger Paints India announced the commencement of commercial production at its Hindupur plant in Andhra Pradesh.
The Board of Directors of Berger Paints India in its meeting on 4 November 2014 approved the splitting of the shares of the company with a par value of Rs 2 into ordinary shares with a par value of Re 1 each.
The Board of Directors of Berger Paints India, in a meeting held on May 30, 2017, approved the acquisition of 100% of the paid-up share capital of Saboo Coatings Pvt Ltd (SCPL) from its existing shareholders for Rs 81.77 crore. Subject to final adjustment for changes in net financial debt and net working capital.
On March 11, 2013, Berger Paints India, through its subsidiary Brushworks Paints Ltd, announced its agreement to acquire the architectural business of Sherwin Williams Paints India Pvt Ltd for an undisclosed amount.
Offers interior wall coverings including designer finishes, interior emulsions, ceiling paints and interior wall tempera; Exterior wall coatings including exterior emulsions and textured finishes; exterior texture; DIY painting, repair, nail polish, glow-in-the-dark kits, wall stencils and aerosol cans; metal, glass and wood trim; and substrates such as putty, interior, exterior and metal primer.
Over the past 3 years, earnings per share have increased by an average of 17% per year, but the company’s share price has increased by 35% per year, meaning it is following the stock’s growth significantly. Is. The Company’s 3Q07 operating income exceeded our estimates due to higher-than-expected prices, more than offsetting weaker sales volume.
In addition, BRGR did well in managing cost of production inflation (gross margin remained unchanged) compared to other players in the paint industry (who reported a decline in gross margin). Like other paint companies, BRGR continued to surprise with revenue growth.
Do-it-yourself revenue declined faster than Asian Paints (APNT), mainly due to increasing pressure on industrial coatings.
However, on a consolidated basis, Berger outperformed APNT due to the strong performance of (i) its Polish subsidiary (41% of international revenue, 4% PAT margin) driven by increased exposure to external insulation and construction project assets. Was inspired, which were not subjects. freeze (ii) the incorporation proceeds of STP Ltd. (acquired on November 19).
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