Berger Paints India fell 1.49% to Rs 242 at 14:15 IST on BSE on profit booking after the stock jumped 6.37% in the preceding four trading sessions to Rs 245.65 on 17 April 2014, from a recent low of Rs 230.95 on 10 April 2014.
Meanwhile, the BSE Sensex was up 79.14 points, or 0.35%, to 22,707.98.
On BSE, so far 6,585 shares were traded in the counter, compared with an average volume of 17,969 shares in the past one quarter.
The stock hit a high of Rs 247.50 and a low of Rs 241.05 so far during the day. The stock hit a 52-week high of Rs 256.30 on 19 July 2013. 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 17 April 2014, rising 17.40% compared with the Sensex's 3.76% rise. The scrip had also outperformed the market in past one quarter, rising 14.26% as against Sensex's 7.43% rise.
The mid-cap company has an equity capital of Rs 69.30 crore. Face value per share is Rs 2.
On a consolidated basis, Berger Paints India's net profit rose 7.1% to Rs 82.28 crore on 11.7% growth in net sales to Rs 1024.79 crore in Q3 December 2013 over Q3 December 2012.
Berger Paints India manufactures and markets a range of decorative and industrial paint products and has operations throughout India.
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