Berger Paints India rose 2.24% to Rs 223.65 at 14:51 IST on BSE after consolidated net profit rose 32.7% to Rs 88.96 crore on 5.7% growth in net sales plus other operating income to Rs 1167.31 crore in Q2 September 2015 over Q2 September 2014.
The result was announced during market hours today, 3 November 2015.
Meanwhile, the S&P BSE Sensex was up 64.04 points or 0.24% at 26,623.19.
On BSE, so far 83,000 shares were traded in the counter as against average daily volume of 56,013 shares in the past one quarter.
The stock was volatile. The stock rose as much as 2.85% at the day's high of Rs 225 so far during the day. The stock lost as much as 0.52% at the day's low of Rs 217.60 so far during the day. The stock had hit a record high of Rs 252.70 on 9 January 2015. The stock had hit a 52-week low of Rs 171.05 on 16 June 2015.
The stock had underperformed the market over the past one month till 2 November 2015, gaining 0.53% compared with Sensex's 1.29% rise. The scrip had, however, outperformed the market in past one quarter, rising 0.37% as against Sensex's 5.53% fall.
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The large-cap company has equity capital of Rs 69.35 crore. Face value per share is Rs 1.
Berger Paints India manufactures and markets a range of decorative and industrial paint products and has operations throughout India.
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