Bergerpaints Rating
MACQUARIE ON BERGER PAINTS : 27.05.2021
* MAINTAIN UNDERPERFORM TARGET: 600
* Macquarie maintains UNDERPERFORM call on Berger Paints, target at Rs 600/sh
* Profit Below Estimates As Sales Beat Was Offset By Higher Expenses
* FY23 PER Does Not Factor Risks To Asian Paints Outperformance
* FY23 Price-to-earnings Ratio Also Does Not Factor Input Cost Pressures
Bergerpaints Rating
