Synopsis: Berger Paints is in focus after the company laid out a solid ambition for its future; it aims to sustain its 20% market share and achieve a revenue of Rs 20,000 crore by FY31.

The shares of the second-largest paint players are in focus after the company outlined its ambition for its future. In this article, we will dive more into the highlights of the management comments.

With a market capitalisation of Rs 62,783 crore, the shares of Berger Paints India Ltd closed at Rs 538.40 per share on Monday, down 2.6 percent from its previous day’s closing price of Rs 552.70 per share. Over the past five years, the stock has corrected by over 4.5 percent, underperforming NIFTY 50’s positive return of 92 percent.

Future Outlook

According to Berger Paints, October proved to be a poor

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