Buy Berger Paints on dips, says Vijay Chopra

Vijay Chopra of enochventures.com told CNBC-TV18, "Berger Paints is a good stock to have in a portfolio for longer-term. It is a very stable company. The numbers have been good, the distribution channel they have is fantastic and they have a very decent brand name."

He further added, "We see spikes in paint companies around the festive season in India but again this is one company, which gives a year-on-year increase in the stock price as well as it is a very stable company. So no major surprises come when we talk about Berger and it is a good stock to have with a longer-term perspective, so definitely one can hold on to the stock but buy in a dip."

At 15:13 hrs Berger Paints India was quoting at Rs 235.30, down Rs 3.40, or 1.42 percent.