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Paints and Coatings Market, Business Trends, Global Segments, Business Opportunities, Industry Profit Growth and Forecast to 2025
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Berger Paints India gained 2.17% to Rs 727.85, rising for the second consecutive trading session.The counter has gained 4.74% in two trading days from its previous closing low of Rs 694.9 on 21 December 2020. The stock hit a record high of Rs 729.40 in intraday today. The stock has jumped nearly 87% from the 52-week low of Rs 390 reported on 19 March 2020.
In last three months, the paint maker has jumped 28% outperforming the BSE Sensex which rose 22.8% in the same period.
On the technical front, the stock s RSI (relative strength index) stood at 75.765. The RSI oscillates between zero and 100. Traditionally the RSI is considered overbought when above 70 and oversold when below 30.
What began as a yarn trading business has emerged as the biggest wealth creator over the last 25 years, growing along the way to enter sectors ranging from oil to telecommunications and retail.
Reliance Industries accounted for Rs 6.3 trillion in wealth created since 1995, according to Motilal Oswal Financial Services’ annual wealth creation study, the 25th edition of which was released on Tuesday. The closest rival was Hindustan Unilever which was at Rs 4.9 trillion. Much of the gains came in the last five years. The study said that it added Rs 4.4 trillion in wealth between 2015 and 2020.
Companies like Infosys and Bajaj Finance also figured the list of fastest and biggest wealth creators.
India Powder Coatings Market Size, Share, Geographic Segmentation & Competitive Landscape Report The forecast involves key details on market size, market share, statistics, application, and revenue.
BriefingWire.com, 12/19/2020 - The India Powder Coatings Market 2020 report delivers a fundamental overview of the industry, including definitions, segmentation, applications and industry chain structure analysis. The India powder coatings market report provides competitive landscape analysis, major trends, and key regional development status. It also offers a competitive framework for major revenue-contributing firms covering company market shares with comprehensive profiles. The report provides a key overview of the market status of integration & orchestration middleware manufacturers with market size, share, growth, market expansion, and technological innovations, as well as the industry cost structure.
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