MACD is known for signaling trend reversals in traded securities or indices. It is the difference between the 26-day and 12-day exponential moving averages. Shares of
Berger Paints
NSE -1.12 % (India) Ltd. traded at Rs 828.3 on BSE at 11:44AM (IST) on Monday, down 1.42 per cent from previous close.
The stock quoted a 52-week low price of Rs 573.2 and a high of Rs 872.0.
Earlier, shares of the company saw a gap up opening in the morning.
A total of 39,565 lakh shares changed hands on the counter till 11:44AM (IST).
The stock of Berger Paints (India) Ltd. commanded a market value of Rs 80729.19 crore, according to BSE.
The stock traded at a price-to-earning (P/E) multiple of 95.55, while the price-to-book value ratio stood at 21.99. Return on equity (ROE) was at 21.31 per cent, according to exchange data.
In the BSE500 pack, 216 stocks traded in the green, while 284 stocks were in the red.
The stock’s beta value, which measures volatility in relation to the broader market, stood at 0.89.
Promotor/FII Holding Promoters held 60.5 per cent in Berger Paints (India) Ltd. as of 30-Jun-2021 while foreign portfolio investors and domestic institutional investors owned 11.25 per cent and 0.87 per cent, respectively. Moving averages The 200-DMA of the stock stood at 774.99 on September 27, while the 50-DMA was at 826.96. If a stock trades below 50-DMA and 200-DMA, it usually means the immediate trend is upward. On the other hand, if the stock trades below 50-DMA and 200-DMA, it is considered as bearish trend and if trades between 50-DMA and 200-DMA, then it suggests the stock can go either way.
