Berger Paints has target of Rs 114.50, says Jagannadham Thunuguntla of SMC Global.
Thunuguntla told CNBC-TV18, "Berger Paints has a day target of Rs 114.50. Crude oil is one of the main ingredients in making paint and crude prices have come down by 30% which should augur well for the company in its cost management and reducing raw material cost.Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
