Berger Paints India rose 2.77% to Rs 263.10 at 14:11 IST on BSE, with the stock recovering on bargain hunting after recent slide.
Meanwhile, the S&P BSE Sensex was up 30.77 points or 0.12% at 25,221.25.
On BSE, so far 23,000 shares were traded in the counter as against average daily volume of 24,498 shares in the past one quarter.
The stock hit a high of Rs 265.70 and a low of Rs 257 so far during the day. The stock hit a record high of Rs 277.30 on 12 June 2014. The stock hit a 52-week low of Rs 185.35 on 31 July 2013.
The stock had outperformed the market over the past one month till 16 June 2014, surging 7.93% compared with the Sensex's 4.43% rise. The scrip had also outperformed the market in past one quarter, jumping 22.34% as against Sensex's 15.5% rise.
The mid-cap company has equity capital of Rs 69.30 crore. Face value per share is Rs 2.
Shares of Berger Paints India had declined 6.19% in three trading sessions to settle at Rs 256 on Monday, 16 June 2014, from a recent high of Rs 272.90 on 11 June 2014.
Berger Paints India's consolidated net profit rose 26.3% to Rs 55.34 crore on 19.6% growth in net sales to Rs 963.49 crore in Q4 March 2014 over Q4 March 2013.
Berger Paints India manufactures and markets a range of decorative and industrial paint products and has operations throughout India.
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