“Paints” stocks paint the street green
DSIJ Intelligence / 19 Aug 2016
Berger Paints and Shalimar Paints are gaining ground in Friday's trading session with both the stocks trading in the green amidst a flat to positive market.
Berger Paints and Shalimar Paints are gaining ground in Friday's trading session with both the stocks trading in the green amidst a flat to positive market.
Berger Paints India is up by 1.33 per cent at Rs 252.45 per share at 9.30 am. Shalimar paints is up by 12.13 per cent at Rs 207 per share at 9.30 am. Shalimar Paints has infact touched its new 52 week high at 209.05 on BSE. Berger Paints India is close to its 52 week highs.
Berger Paints India has outperformed markets with almost 53 per cent returns delivered over a 1 year period. Shalimar Paints, not lagging behind, has delivered almost 60 per cent returns over a 1 year time frame. Shalimar Paints has gained the maximum in the past 1 month with the stock clocking almost 56 per cent returns.
Both the stocks are riding on good results as reflected in impressive profit growth.
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