Berger Paints India rose 1.27% to Rs 398.55 at 9:18 IST on BSE after consolidated net profit rose 6.96% to Rs 67.03 crore on 14.61% rise in net sales to Rs 1102.31 crore in Q2 September 2014 over Q2 September 2013.
The result was announced on Tuesday, 4 November 2014, when the market was shut for a public holiday.
Meanwhile, the BSE Sensex was up 73.23 points, or 0.26%, to 27,933.61.
On BSE, so far 3,866 shares were traded in the counter, compared with an average volume of 48,917 shares in the past one quarter.
The stock hit a high of Rs 401 and a low of Rs 395.20 so far during the day. The stock hit a record week high of Rs 424 on 9 October 2014. The stock hit a 52-week low of Rs 200.55 on 4 February 2014.
The stock had underperformed the market over the past one month till 3 November 2014, falling 1.40% compared with 4.86% rise in the Sensex. The scrip had, however, outperformed the market in past one quarter, rising 32.51% as against Sensex's 9.34% rise.
The large-cap company has an equity capital of Rs 69.33 crore. Face value per share is Rs 2.
On a consolidated basis, Earnings Before Depreciation, Interest and Taxes (EBDIT) rose 18% to 132 crore in Q2 September 2014 over Q2 September 2013.
Meanwhile, the board of Berger Paints India approved 2-for-1 stock split.
Berger Paints India manufactures and markets a range of decorative and industrial paint products and has operations throughout India.
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