Berger Paints Share Worth: Berger Paints shares achieve 0.65% as Sensex rises

Shares of Berger Paints (India) Ltd. traded 0.65 per cent larger in Thursday’s session at 10:35AM (IST). The inventory opened at Rs 577.65 and has touched an intraday excessive and low of Rs 585.4 and Rs 577.65, respectively, in the course of the session up to now.

The inventory quoted a 52-week excessive of Rs 872.0 and a 52-week low of 543.85. About 4,097 shares modified arms on the counter up to now.

Benchmark Nifty50 was up 40.45 factors at 16561.30, whereas the BSE Sensex traded 128.97 factors larger at 55526.5 on the time of writing of this report.

Within the Nifty pack, 42 shares traded the day within the inexperienced, whereas 7 had been within the purple.

Key Financials

For the quarter ended 31-Mar-2022, the corporate reported consolidated gross sales of Rs 2206.63 crore, down 14.01 per cent from the earlier quarter’s Rs 2566.22 crore and down 8.11 per cent from the year-ago quarter. The corporate reported web revenue of Rs 220.66 crore for the most recent quarter.

Promoter Holdings

Promoters held 74.99 per cent stake within the firm as of 30-Jun-2022, whereas FIIs held 11.03 per cent and MFs 1.01 per cent.

Technicals

On the technical charts, the 200-Day Shifting Common (DMA) of the inventory stood at Rs 701.29 on July 21, whereas the 50-DMA was at Rs 591.74. If a inventory trades above 50-DMA and 200-DMA, it often means the instant pattern is upward. Alternatively, if the inventory trades properly beneath 50-DMA and 200-DMA each, it’s thought-about as bearish pattern and if trades between these averages, then it suggests the inventory can go both method.