Today, we’re going on a journey to explore the estimated Berger Paints Share Price Target for the years 2023 to 2050. We will use our Research and the company’s growth prospects to make a prediction. By the end of our journey, you will have a better understanding of the expected Berger Paints Share Price Target.
We will analyze the performance of the company’s shares in recent times and provide you with a well-researched Berger Paints Share price target for 2023, 2025, 2030 to 2050. Additionally, we will also take into account analyst recommendations from various brokerage firms, including target high price, target low price, mean recommendation, and key recommendation.
Overview of Berger Paints
| Name | Berger Paints |
| Symbol | BERGEPAINT |
| Industry | Paints and Coatings |
| Type | Public |
| Founded | 1923 |
| CEO | Abhijit Roy |
| Headquarters | Kolkata, India |
| Country | India |
| Locations | India, Nepal, Bangladesh, Russia |
| Website | bergerpaints.com |
| Profile | Berger Paints |
Keep an eye on Berger Paints’s share price today with real-time updates, and examine its performance on the stock market through comprehensive charts that display the fluctuations in Berger Paints’s share price.
Fundamentals of Berger Paints
The fundamental analysis of Berger Paints Limited focuses on key factors to better understand the company’s valuation. Various valuation techniques have been used, including the Price-to-Earnings Ratio (P/E), Price-to-Sales Ratio (P/S), Price-to-Book Value Ratio (P/B), Dividend Yield, and other Details.
Berger Paints India is known for its innovative and sustainable products and has won several awards and recognitions for its performance and contributions to the industry. Berger Paints India is a leading paint company in India, with a history of over 90 years in the industry.
The company manufactures and distributes a wide range of paints, coatings, and related products for decorative, industrial, and automotive applications. Berger Paints India has operations in India, Nepal, Bangladesh, and Russia.
Berger Paints India has a strong presence in the Indian market, with a network of over 25,000 dealers and retailers across the country. The company has a diversified product portfolio, including interior and exterior wall paints, wood and metal paints, waterproofing solutions, and other specialty coatings.
Brokerage Firms
An effective method for evaluating the Berger Paints share price Target is by examining research reports and analyses conducted by reputable financial institutions and brokerage firms.
| DATE | AUTHOR | TARGET | TYPE |
|---|---|---|---|
| 10 AUG 2023 | ICICI Securities Limited | 655.00 | Sell |
| 19 MAY 2023 | HDFC Securities | 640.00 | Accum. |
| 19 MAY 2023 | Geojit BNP Paribas | 698.00 | Buy |
| 16 MAY 2023 | ICICI Direct | 670.00 | Hold |
| 16 MAY 2023 | ICICI Securities Limited | 547.00 | Sell |
| 11 FEB 2023 | HDFC Securities | 620.00 | Accum. |
| 04 FEB 2023 | ICICI Direct | 600.00 | Hold |
| 03 FEB 2023 | ICICI Securities Limited | 505.00 | Sell |
Our Recommendation
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We will analyze the performance of the company’s shares in recent times and provide you with a well-researched Berger Paints price target for 2023, 2025 to 2030, based on our Research knowledge and forecasting.
We expect Berger Paints to continue its growth trajectory in the coming year, driven by its market share gains and expansion plans. The company has a strong balance sheet, with total assets of INR 79,671,700 thousand and total equity gross minority interest of INR 45,022,600 thousand for the year ending March 2023. We believe that the minimum target for Berger Paints in 2023 should be around ₹655, while the maximum target could be around ₹750.
Berger Paints has a strong presence in the Indian paint industry, with a market share of 20.2% in Q1FY24 . The company is expected to continue its growth momentum in the coming years, driven by its distribution expansion and new product launches. We believe that the minimum target for Berger Paints in 2024 should be around ₹750, while the maximum target could be around ₹850.
Berger Paints has a strong brand image and a wide range of products, which has helped the company to maintain its market leadership position in the Indian paint industry. The company is expected to continue its growth trajectory in the coming years, driven by its focus on innovation and customer-centric approach. We believe that the minimum target for Berger Paints in 2025 should be around ₹850, while the maximum target could be around ₹950.
Berger Paints has a strong financial position, with a normalized EBITDA of INR 15,256,000 thousand for the year ending March 2023 . The company is expected to continue its growth trajectory in the coming years, driven by its focus on innovation and expansion. We believe that the minimum target for Berger Paints in 2027 should be around ₹1050, while the maximum target could be around ₹1150.
Berger Paints has a strong market position and a well-diversified product portfolio, which has helped the company to maintain its growth momentum in the Indian paint industry. The company is expected to continue its expansion plans and focus on innovation, which will help it to capture a larger market share. We believe that the minimum target for Berger Paints in 2030 should be around ₹1350, while the maximum target could be around ₹1500.
Berger Paints has a strong financial position and a well-established brand, which has helped the company to expand its market share in the Indian paint industry. The company is expected to continue its growth trajectory in the coming years, driven by its focus on product innovation and customer satisfaction. We believe that the minimum target for Berger Paints in 2050 should be around ₹4000, while the maximum target could be around ₹5000.
| Year | Minimum Target (₹) | Maximum Target (₹) |
|---|---|---|
| 2023 | ₹655 | ₹750 |
| 2024 | ₹750 | ₹850 |
| 2025 | ₹850 | ₹950 |
| 2026 | ₹950 | ₹1050 |
| 2027 | ₹1050 | ₹1150 |
| 2030 | ₹1350 | ₹1500 |
| 2040 | ₹2500 | ₹3000 |
| 2050 | ₹4000 | ₹5000 |
– According to Google historical data, the price of Berger Paints on 1 Jan 1999 was ₹1.73.
– As of 10 August 2023, the current share price of Berger Paints is ₹693 Check out today’s current share price.
– Based on our analysis, the maximum share price target for Berger Paints in 2023 could be ₹750.
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I would like to remind you that I am not authorized by SEBI to provide any financial advice or recommendations. As you know, Share price prediction is not an exact science, That’s why I am conducting in-depth research and using different AI tools to predict share prices. My purpose is only educational, and I am using AI to see what the future of the stock might look like.
Disclaimer– That these Share Price Targets for “Berger Paints Share Price Target” is only provided for informational purposes only. It does not constitute a recommendation to buy, sell or hold Berger Paints stock. Investors should conduct their own research and analysis and consult with financial experts before making any investment decisions— Sharedhan.com
