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Berger Paints eyes 11-12% margin growth aided by crude fall

Abhijit Roy, MD, Berger Paints dismisses immediate price hike plans given softness in input prices. Although there is no material pick-up in volumes so far, the paint company is confident of achieving margins in the range of 11-12 percent on the back of their market share having improved to current 19-20 percent.

first published: Sep 11, 2014 10:22 am

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