Berger Paints India Ltd
BERGEPAINT

228.05

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227.70

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Reco. Price
Rs 226.00

Last updated on 02-Dec-2016

We recommend reduce on account of higher raw material cost and effects of demonetization.The stock is valued at ~54x FY17E P/E, compared to FMCG industry’s ~42x FY17E P/E. (Target price- Rs 205)
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50 DMA (.)
242.45
100 DMA (.)
244.17
200 DMA (.)
215.99
Weekly Range (.)
215.85
236.65
Monthly Range (.)
177.95
257.90
52 Weeks Range (.)
152.89
276.80
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