Berger Paints India rose 2.47% to Rs 219.60 at 13:22 IST on BSE, extending gains for the 12th session in a row.
Meanwhile, the BSE Sensex was up 18.74 points, or 0.09%, to 20,008.92.
On BSE, 1.02 lakh shares were traded in the counter as against an average daily volume of 83, 409 shares in the past one quarter.
The stock hit a high of Rs 223.50 so far during the day, which is also a record high for the counter. The stock hit a low of Rs 216.35 so far during the day. The stock had hit a 52-week low of Rs 116.70 on 8 May 2012.
The stock has risen 18.19% in twelve consecutive sessions from a recent low of Rs 185.80 on 18 April 2013. The stock had outperformed the market over the past one month till 8 May 2013, rising 9.14% compared with the Sensex's 8.42% rise. The scrip had also outperformed the market in past one quarter, rising 26.10% as against Sensex's 2.59% rise.
The mid-cap company has an equity capital of Rs 69.26 crore. Face value per share is Rs 2.
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Berger Paints India's consolidated net profit jumped 56.4% to Rs 76.80 crore on 17.4% growth in net sales to Rs 917.10 crore in Q3 December 2012 over Q3 December 2011. The company will announce its year ended March 2013 results on 30 May 2013.
Berger Paints India manufactures and markets a range of decorative and industrial paint products and has operations throughout India with seven manufacturing facilities, over 135 depots, over 2,500 employees and more than 15,000 dealers.
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