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Berger Paints India gained 5.13% to Rs 350.75 at 9:52 IST on the BSE after consolidated net profit rose 31.8% to Rs 176.41 crore on 15.7% rise in net sales to Rs 1716.53 crore in Q1 June 2019 over Q1 June 2018.
The announcement was made after the market hours today, 5 August 2019.
Meanwhile, the S&P BSE Sensex was up by 197.56 points or 0.54% at 36,897.57.
On the BSE, 1.36 lakh shares were traded in the counter so far compared with average daily volumes of 88000 shares in the past two weeks. The stock had hit an intraday high of Rs 351.55 which also a 52-week high for the counter. The stock hit an intraday low of Rs 336.25 so far during the day. The stock hit a 52-week low of Rs 260.55 on 23 October 2018.
Berger Paints is engaged in retail, decorative and industrial painting solutions.
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