Berger Paints is one of the oldest and most successful paint manufacturing companies in India. With over 100 years of experience in the industry, Berger Paints is the market leader in paint production in India and has a presence in more than 10 countries in Asia, Africa, and the Middle East. Berger Paints is renowned for its quality of paints and its wide range of products that cater to the needs of both commercial and residential customers.
The company is known for its quality and innovation, and its products are highly sought after in the market. Berger Paints has a strong presence in both the domestic and international markets, and it is constantly enhancing its portfolio of products to meet the needs of its customers. The company has also strengthened its presence in the online market, and it has recently launched a new website that enables customers to order products online.
Berger Paints Stock History
The stock price of Berger Paints has been on an upward trend in the past five years. The company’s stock price has risen over 110% since 2018, an impressive performance in the market. The company’s current share price stands at Rs 575.20, and analysts expect it to reach Rs 860 by the end of 2023. This is attributed to the company’s focus on quality and innovation, as well as its growing presence in the international markets.
Berger Paints in recent news
- Berger Paints sees the beginning of the recovery of the rural market.
- The worldwide decorative coatings industry is expected to reach $84.3 Billion by 2027.
How to buy Berger Paints’ share in India?
You can buy Berger Paints shares in India by opening a trading account with a broker. You will need to provide your personal details, such as your PAN number, bank details, and other personal documents. Once the trading account is opened, you can buy Berger Paints shares using the broker’s online trading platform. You can also buy Berger Paints shares through a mutual fund or a portfolio management service. Some online platforms to buy shares are Zerodha, Sharekhan, and Upstox.
Berger Paints’ share price prediction 2023-2030
Berger Paints’ share price target 2023 is 862.14 INR
When | Maximum Price | Minimum Price |
February 2023 | ₹612.60 | ₹494.31 |
March 2023 | ₹599.95 | ₹530.73 |
April 2023 | ₹530.15 | ₹497.80 |
May 2023 | ₹441.79 | ₹339.84 |
June 2023 | ₹530.15 | ₹407.80 |
July 2023 | ₹636.17 | ₹489.36 |
August 2023 | ₹699.79 | ₹538.30 |
September 2023 | ₹734.78 | ₹565.22 |
October 2023 | ₹699.79 | ₹538.30 |
November 2023 | ₹769.77 | ₹592.13 |
December 2023 | ₹862.14 | ₹663.19 |
Berger Paints is expected to reach Rs 862.14 INR by the end of 2023. The company’s current share price stands at Rs 575.20, and analysts expect it to reach Rs 860 by the end of 2023. This growth is attributed to the company’s focus on quality and innovation, as well as its growing presence in the international markets.
Berger Paints share price target for February and March 2023 is ₹612.60 and ₹581.95 respectively.
Berger Paints’ share price target 2024 is 1207.04 INR
When | Maximum Price | Minimum Price |
January 2024 | ₹907.52 | ₹698.09 |
February 2024 | ₹1,019.68 | ₹849.74 |
March 2024 | ₹1,073.35 | ₹872.64 |
April 2024 | ₹975.77 | ₹750.60 |
May 2024 | ₹813.15 | ₹625.50 |
June 2024 | ₹975.77 | ₹750.60 |
July 2024 | ₹829.41 | ₹642.95 |
August 2024 | ₹912.35 | ₹724.09 |
September 2024 | ₹957.97 | ₹736.90 |
October 2024 | ₹1,127.02 | ₹866.94 |
November 2024 | ₹1,183.37 | ₹910.28 |
December 2024 | ₹1,207.04 | ₹928.49 |
Berger Paints’ stock is expected to reach Rs 1,207.04 by the end of 2024.
This growth is driven by the company’s strong presence in the domestic market, as well as its growing presence in the international markets.
The company’s focus on innovation and quality is expected to help it maintain its growth in the coming years.
Berger Paints’ share price target 2025 is 1464.16 INR
When | Maximum Price | Minimum Price |
January 2025 | ₹1,231.18 | ₹947.06 |
February 2025 | ₹1,295.98 | ₹996.91 |
March 2025 | ₹1,360.78 | ₹1,046.75 |
April 2025 | ₹1,214.98 | ₹934.60 |
May 2025 | ₹1,104.53 | ₹849.64 |
June 2025 | ₹1,214.98 | ₹934.60 |
July 2025 | ₹1,157.12 | ₹890.09 |
August 2025 | ₹1,205.34 | ₹927.18 |
September 2025 | ₹1,265.60 | ₹973.54 |
October 2025 | ₹1,341.54 | ₹1,031.95 |
November 2025 | ₹1,435.45 | ₹1,104.19 |
December 2025 | ₹1,464.16 | ₹1,126.27 |
Analysts expect Berger Paints’ stock price to reach Rs 2,500 by the end of 2025.
This growth is attributed to the company’s focus on quality and innovation, as well as its expanding presence in the international markets.
Berger Paints’ share price target 2026-2030
Year | Maximum Price | Minimum Price |
2026 | ₹1,024.91 | ₹717.44 |
2027 | ₹871.17 | ₹609.82 |
2028 | ₹1,568.11 | ₹1,097.68 |
2029 | ₹3,221.14 | ₹2,254.80 |
2030 | ₹3,587.18 | ₹2,511.03 |
After reaching the mark of ₹1,464.16 in 2025, the stock price will fall to the minimum of ₹717.44 the very next year. 2027 would even be worse for the company as it will fall to ₹609.82. But the prices will see a jump in 2028 and will reach ₹1568.11 and would see another jump in 2029 which will take it to ₹3221. It will finish the decade at the price of ₹3587.18.
Berger Paints Financial Condition: Last 5 Years
Narration | Mar 18 | Mar 19 | Mar 20 | Mar 21 | Mar 22 | |||
Sales | 5,165.73 | 6,061.86 | 6,365.82 | 6,817.59 | 8,761.78 | |||
Expenses | 4,358.73 | 5,127.22 | 5,313.13 | 5,635.22 | 7,430.71 | |||
Operating Profit | 807.00 | 934.64 | 1,052.69 | 1,182.37 | 1,331.07 | |||
Other Income | 46.50 | 60.03 | 68.52 | 51.49 | 68.45 | |||
Depreciation | 124.21 | 182.27 | 191.01 | 211.14 | 226.51 | |||
Interest | 24.55 | 47.24 | 47.04 | 44.10 | 50.72 | |||
Profit before tax | 704.74 | 765.16 | 883.16 | 978.62 | 1,122.29 | |||
Tax | 243.91 | 271.27 | 227.06 | 258.90 | 289.34 | |||
Net profit | 460.83 | 494.30 | 657.81 | 719.75 | 832.82 | |||
EPS | 4.75 | 5.09 | 6.77 | 7.41 | 8.57 | |||
Price to earning | 54.09 | 63.60 | 73.52 | 103.24 | 81.60 | |||
Price | 256.70 | 323.75 | 497.95 | 765.00 | 699.70 | |||
RATIOS: | ||||||||
Dividend Payout | 37.93% | 37.33% | 32.48% | 37.79% | 36.15% | |||
OPM | 15.62% | 15.42% | 16.54% | 17.34% | 15.19% |
Also read:
- Asian Paints Share Price Target 2023 to 2030
- PayTM Share Price Target 2023 to 2030
- Yes Bank Share Price Prediction 2023 to 2030
FAQs
Will Berger Paints’ stock price grow in 2023?
Yes, Berger Paints’ stock price is expected to grow in 2023. The company’s current share price is around Rs 569, and analysts have estimated that Berger Paints’ price will reach ₹862.14 by the end of 2023, indicating a growth of 49.5%. This growth is expected to continue in the coming years, and analysts expect Berger Paints’ stock price to reach Rs 1,207 by the end of 2024.
What is the Market Cap of Berger Paint?
The company’s current market capitalization stands at Rs 55,977 crore as of 2022. This is attributed to the company’s strong presence in the domestic market, as well as its expanding presence in the international markets.
What future is anticipated for Berger paints in 2025?
Analysts expect Berger Paints’ stock price to reach Rs 1,464 by the end of 2025. This growth is driven by the company’s strong presence in the domestic market, as well as its growing presence in the international markets. Berger Paints’ focus on innovation and quality is expected to help it maintain its growth in the coming years.
Can Berger Paints reach 2,000 INR?
Yes, Berger Paints is expected to reach Rs 2,000 by the end of 2029. This growth is attributed to the company’s focus on quality and innovation, as well as its expanding presence in the international markets.
What is the Berger Paints share price target 2030?
In 2030, Berger Paints is expected to trade in between ₹3,587.18 and ₹2,511.03.
Berger Paints Share Target by Experts
Berger Paints Share Target by HDFC Securities
Berger Paints have recommended buying Berger Paints, set Rs. 620 as the price target.
Berger Paints Share Target by ICICI Securities
According to a brokerage firm’s rating, Berger Paints is expected to experience a decrease in its share price with a target of Rs 505 per share in 2023, which represents a 12.9% downside.
Berger Paints Share Target by Thakkar
Thakkar has identified a potential buying opportunity in Berger Paints and recommends setting a stop loss below Rs 575 and a target of Rs 600. Over the last month, the stock has increased by approximately 5%.
Conclusion: Should you buy BERGERPAINT Shares in 2023?
Berger Paints is one of the leading paint manufacturers in India, and its strong presence in the domestic and international markets will be the driving force behind its growth in the coming years.
Analysts have estimated that Berger Paints’ stock price will reach Rs 862 by the end of 2023, Rs 1,207 by the end of 2024, Rs 1,464 by the end of 2025, Rs 1,024 by the end of 2026, Rs 871 by the end of 2027, Rs 1,568 by the end of 2028, Rs 3,221 by the end of 2029 and Rs 3,587 by the end of 2030.
Berger Paints in 2023 could be a good investment for anyone who wants to hold Berger Paints for a long term.