Berger Paints Share Price Target The company also recently raised prices to keep the rising cost of materials to consumers. As our outlook improves, we update our recommendation on the stock to HOLD with a target price in Rs.
Therefore, we maintain our DECREASE rating for shares with revised target price in rupees. Taking into account near-term uncertainty, we maintain our DECREASE rating for shares with revised target price in rupees.
Berger Paints Share Price Target
The positive outlook on the stock is based on the brand’s strong appeal, continued growth in the decorative segment, renewed activity in the industrial segment and increased market share. In addition, rising prices will help reduce the risk of rising commodity prices. LED prices seem to have bottomed out and the company is poised to increase its market share.
The company reported a net income after tax of Rs 141.32 crore in the most recent quarter. The target share price will be Rs 874 for a period of 8-10 months, with a current P / BVx of 3.24x and BVPS (book value per share) for 23 fiscal year at Rs 269.67. Thus, the target price for the share is expected to be Rs 529 for a period of 8-10 months, with a current P / BVx of 2.65x and a BVPS for 23 fiscal year of Rs 199.67.
Long term growth is expected based on our forecasts, with Berger Paints India Ltd share price forecast for 2026-11-20 at INR 1,797,680. The time period specified by the analyst is one year during which the price of Berger Paints (India) Ltd. can achieve a specific goal. Berger Paints (India) Ltd., incorporated in 1923, is a large cap company (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 prediction using the MACD indicator to see if you need to buy, sell or hold these stocks in order to trade.
Berger Plots Stock Price Prediction or Target – Using Camarilla Equation View the intraday, tomorrow and short-term forecast of Berger Paints stock using the Camarilla Equation. Berger draws stock price predictions for short-term trading – using the SMA indicator. Simple Moving Average is a strong indicator for short-term trading.
The above target values for the stock price are based on the movements and chart levels at which the stock has shown significant price action. Berger Paints’ weekly analysis of price action based on near-term time frames is positive, but buyers have stepped up on the stock recently.
Berger Paints Share Price Target 2022 , 2023 , 2024 , 2025 & 2030
Berger Paints’ monthly analysis of price action based on near-term time frames is negative, but sellers have recently been active on the stock. If Berger Paints is below 794.72, bearish targets are more likely to be hit.
There is a short hedge, with prices rising nearly 18% in the October streak and an increase in implied volatility indicating bulls are in action. Rollover remained unchanged at 93 percent from the past 2 months, indicating long equities were up more than 10 percent in the October series.
Sellers have dominated the stock market this month and may continue to dominate the next few days. My analysis of the stock is short-term bearish, but the stock is half sold and there is some chance of a 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 stock price is undervalued.
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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 made on market terms. On September 23, 2014, Berger Paints India announced the start of commercial production at the Hindupur plant in Andhra Pradesh.
The Board of Directors of Berger Paints India, at its meeting on November 4, 2014, approved the division of the company’s shares with a par value of 2 rupees each into ordinary shares with a par value of 1 rupees each.
Berger Paints India’s Board of Directors, at a meeting on May 30, 2017, approved the acquisition of 100% of the paid-up share capital of Saboo Coatings Private Limited (SCPL) from its current shareholders for Rs 81.77 crore. subject to final adjustments for changes in net financial debt and net working capital.
On March 11, 2013, Berger Paints India announced its agreement to acquire the architectural business of Sherwin Williams Paints India Private Limited for an undisclosed amount through its subsidiary Brushworks Paints Ltd.
Offers interior wall coverings including designer finishes, interior emulsions, ceiling paints and interior wall tempera; Exterior wall coatings including exterior emulsions and textured finishes; external textures; 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 primers.
Over the past 3 years, earnings per share have increased on average 17% per year, but the company’s share price has increased 35% per year, which means that it is significantly following the growth of the stock. The company’s 3Q07 operating income was above our estimate due to higher-than-expected prices, more than offsetting weak sales volumes.
In addition, BRGR performed well in managing production cost inflation (gross margins remained unchanged) compared to other players in the paint industry (who reported declining gross margins). BRGR continued to surprise with revenue growth, as did other paint companies.
Do-it-yourself revenues declined at a faster pace than Asian Paints (APNT), mainly due to increased pressure on industrial coatings.
However, on a consolidated basis, Berger outperformed APNT due to (i) the strong performance of its Polish subsidiary (41% share of international revenue, 4% PAT margin) driven by increased exposure to external insulation and construction project assets that were not subject to the freeze (ii) inclusion income of STP LTD (acquired on November 19).
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