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'Hold' Berger Paints Shares Maintains Nirmal Bang; Awaits Better Entry Point— Check Target Price

Heightened competitive intensity from new and existing players, and its possible impact on realisations, volume, and margins remain key monitorables, adds the brokerage.

<div class="paragraphs"><p>Berger Paints has demonstrated resilience, successfully maintaining its margins over the last four to five quarters despite considerable market turbulence.&nbsp;</p><p>&nbsp; (Photo:&nbsp; NDTV Profit)</p></div>
Berger Paints has demonstrated resilience, successfully maintaining its margins over the last four to five quarters despite considerable market turbulence. 

  (Photo:  NDTV Profit)

Recognizing that the paint industry is distribution-led, Berger Paints has made substantial investments over the past couple of years to fortify its network of contractors, painters, and dealers.
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