Berger Paints Share Price Target Tomorrow 2024 To 2030 and More Details

Berger Paints India Ltd is one of the leading paint companies in India, known for its wide range of products, including decorative and industrial paints. Established in 1923, the company has built a strong brand presence across the country. It offers innovative solutions in painting, catering to both residential and commercial needs. Berger Paints Share Price on NSE as of 8 October 2024 is 574.00 INR. Here will provide you more details on Berger Paints Share Price Target 2024, 2025, 2026 to 2030.

Berger Paints India Ltd: Market Overview

• Open Price: ₹561.20
• High Price: ₹576.60
• Low Price: ₹561.20
• Previous Close: ₹567.85
• Volume: 886,312
• Value (Lacs): ₹5,079.45
• VWAP: 571.23
• UC Limit: ₹624.60
• LC Limit: ₹511.10
• P/E ratio: 57.37
• Div yield: 0.61%
• 52-wk high: ₹629.50
• 52-wk low: ₹439.00
• Mkt cap: ₹66.92KCr
• Face Value: ₹1

Berger Paints India Ltd Competitors

Here are three competitors of Berger Paints India Ltd with their approximate market capital:

1. Asian Paints Ltd
   Market Capital: ₹3,20,000 Crores
2. Kansai Nerolac Paints Ltd
   Market Capital: ₹33,000 Crores
3. Akzo Nobel India Ltd
   Market Capital: ₹9,500 Crores

Berger Paints Share Price Chart

Berger Paints Share Price Target Tomorrow 2024 To 2030

Berger Paints Share Price Target 2024

Berger Paints share price target 2024 Expected target could be ₹615. Here are three key factors affecting the growth of Berger Paints’ share price target in 2024:

1. Rising Demand for Decorative Paints: With the real estate sector recovering and an increase in home renovations, the demand for decorative paints is expected to grow. Berger Paints’ strong presence in the decorative segment could drive revenue growth, positively influencing its share price.
2. Raw Material Prices: The cost of raw materials like crude oil derivatives significantly impacts paint companies’ profitability. If raw material costs stabilize or decline, Berger Paints’ margins could improve, boosting its stock price.

3. Expansion into New Markets: Berger Paints has been actively expanding into international markets and introducing innovative products. Successful geographic and product line expansions can lead to higher sales and contribute to a positive share price performance in 2024.

Berger Paints Share Price Target 2025

Berger Paints share price target 2025 Expected target could be ₹695. Here are three key factors affecting the growth of Berger Paints’ share price target in 2025:

1. Sustainability Initiatives: Increasing consumer preference for eco-friendly and sustainable products can impact Berger Paints positively. If the company continues to innovate and launch low-VOC (volatile organic compound) and eco-friendly paints, it could attract more customers and enhance brand loyalty, driving sales growth.
2. Economic Recovery: The overall economic environment plays a significant role in the growth of Berger Paints. A strong recovery in sectors like construction, infrastructure, and real estate can lead to increased demand for paints, helping the company to achieve better financial results and, subsequently, a higher share price.

3. Market Competition: The competitive landscape in the paint industry can influence Berger Paints’ growth. The company’s ability to differentiate its products, maintain competitive pricing, and invest in marketing strategies will be crucial in retaining market share and driving revenue growth, thereby impacting its share price positively in 2025.

Berger Paints Share Price Target 2030

Berger Paints share price target 2030 Expected target could be ₹1191. Here are three key factors affecting the growth of Berger Paints’ share price target in 2030:

1. Technological Advancements: The adoption of advanced technologies in production and product development can significantly enhance Berger Paints’ growth. Innovations like smart coatings and digital tools for customer engagement can lead to improved product offerings and better customer experiences, ultimately boosting sales and share prices.
2. Diversification and Expansion: Berger Paints’ strategy to diversify its product range and expand into new markets will be critical for long-term growth. Successfully entering international markets or expanding its portfolio to include specialty coatings and home improvement products can provide new revenue streams and enhance its competitive edge.

3. Regulatory Environment and Sustainability Trends: As environmental regulations become stricter, Berger Paints’ commitment to sustainability and compliance will be crucial. Emphasizing eco-friendly products and practices can help the company capture the growing segment of environmentally conscious consumers, positively impacting sales and investor sentiment leading to a higher share price by 2030.

Berger Paints India Ltd Shareholding Pattern

• Promoters: 74.99%
• Retail Investors and Others: 9.92%
• Foreign Institutions: 7.51%
• Domestic Institutions: 7.58%

FOR MORE DETAIL FOLLOW THE OFFICIAL WEBSITE: https://www.bergerpaints.com/

Berger Paints India Ltd Financials

Read Also:- Stock Market Update – Heidelberg Share Price Target Tomorrow 2024 To 2030