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Berger Paints: Q1 makes its mark, but don't run after the stock

Sachin Pal & Neha Gupta   •

Berger looks to keep its focus completely on paints, waterproofing and construction chemicals

Kansai Nerolac Paints: Kansai Nerolac Paints Q1 profit grows 36.5% YoY to Rs 152 crore despite increase in input cost. Revenue grows 46%. The company reported a 36.5% YoY growth in consolidated profit at Rs 152 crore in the quarter ended June 2022 despite sharp increase in input cost, supported by operating performance and top line. Revenue grew by 46% YoY to Rs 2,051.40 crore during the same period.

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This Research Report / Research Recommendation has been published by Moneycontrol Dot Com India Limited (hereinafter referred to as “MCD”) which is a registered Investment Advisor under the Securities and Exchange Board of India (Investment Advisers) ...Read More