Berger Paints Bounces Back – Targets Within Reach

3 days ago

Hello everyone, i hope you all will be doing good in your life and your trading as well, Today i have brought very strong fundamentaly strong stock which is reversing from important support zone, Stock name is Berger paints and it is known for its wide range of decorative and industrial paints. Over the years, it has built a strong reputation for innovation, quality, and a robust distribution network. With increasing demand for premium and eco-friendly products, Berger is well-positioned for long-term growth.

Let's discuss Technical and Fundamentals about this Gem stock:


Technical Overview:-

Berger Paints is sitting at a strong support zone around ₹425-450, a level that has consistently held during market corrections.

It’s showing signs of recovery with the formation of a Morning Star pattern on the weekly chart—a bullish reversal signal.

The immediate resistance lies around ₹500-550, with a medium-term target of ₹630+, where multiple resistances have been tested in the past.


Fundamental Insights:-

Solid Growth Story: Berger has consistently grown its revenues, thanks to strong demand in decorative paints and its expanding presence in rural and urban markets.

Resilient Margins: Even with rising input costs, Berger has maintained steady profit margins, reflecting its operational strength and pricing power.

Future Prospects: With urbanization on the rise and increasing preferences for high-quality paints, Berger is set to benefit from long-term industry trends.

Market Cap
₹ 53,465 Cr.
Current Price
₹ 459
High / Low
₹ 630 / 438
Stock P/E
46.6
Book Value
₹ 48.0
Dividend Yield
0.78 %
ROCE
27.5 %
ROE
23.5 %
Face Value
₹ 1.00
Industry PE
46.6
Debt
₹ 797 Cr.
EPS
₹ 9.82
Promoter holding
75.0 %
Intrinsic Value
₹ 129
Return over 5years
1.09 %
Debt to equity
0.14
Net profit
₹ 1,147 Cr.

Disclaimer:- Please always do your own analysis or consult with your financial advisor before taking any kind of trades.

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2 days ago

Trade active

It is getting ready to fly