Berger Paints : Ready for 727
Paint Industry is going through transformation and becoming more competitive. New players like Kotak engaged with with innovative business model and practices. All are bringing more value for the middle men and consumers alike. Like aviation companies, this is the only industry in the consumer goods space that has been struggling for uptick in the margins. Level playing filed is set now and these companies are ready for rebound.
Berger paints with strong financials showing strength in the stock price as well. Festive season is by the corner. This way there is an opportunity for a short term play.
Once close above 605, its is set for 727+
(SL 550)
Berger paints with strong financials showing strength in the stock price as well. Festive season is by the corner. This way there is an opportunity for a short term play.
Once close above 605, its is set for 727+
(SL 550)
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