The company’s volume growth stood at 10 percent YoY impacted on account of late monsoons.
There might be the minor sentimental impact of Moody's downgrade but the market may ignore it as rating agencies' reaction.
In the April-September period, the company said its net profit was at Rs 371.07 crore as compared to Rs 250.34 crore in the corresponding period a year ago.
We have collated a list of top five stocks that hit new highs on October 10 and what analysts have to say about them.
Trends on SGX Nifty indicate a flat to positive opening for the broader index in India, with 0.04 percent gain or 4 points. Nifty futures were trading around 10,869-level on the Singaporean Exchange.
If the index breaks below 10,782 then further decline towards 11,580 and 10,450 levels is possible. Maximum open interest for Put is seen at strike price 10,800
1,327 stocks advanced and 430 declined while 335 remained unchanged on the NSE. On the BSE, 1633 stocks advanced, 743 declined and 115 remained unchanged.
The company has lower penetration compared to the leader which provides higher scope for further growth.
Trends on SGX Nifty indicate a flat positive opening for the broader index in India, a rise of 4 points or 0.04 percent. Nifty futures were trading around 10,874-level on the Singaporean Exchange.
Dolat Capital is bearish on Berger Paints has recommended sell rating on the stock with a target price of Rs 300 in its research report dated February 05, 2019.
Moneycontrol's Uttaresh Venkateshwaran does a 3 Point Analysis of Berger Paints Q3 earnings.
During July-December 2018 period, eight companies fell into the mid-cap category from largecap, 13 moved from small-cap category to mid-cap category
The Nifty has reached a support level and may see some pullback rally from these support levels once the election uncertainty is over.
D-Street will first react to Dr. Urjit Patel's resignation as the RBI Governor which may create a temporary flutter in the markets, apart from that outcome of state polls is likely to chart the direction of markets.