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Analyst Corner | Berger Paints: Expect high long-term volume growth


Berger Paints’ management is encouraged to see demand recovering faster than expected. Demand is being driven by tier-3/4 cities (less impacted by Covid-19) and is currently at near-normal levels.

Berger is on a cost-cutting drive and could pass on input cost benefit during the year.

Berger Paints’ management is encouraged to see demand recovering faster than expected. Demand is being driven by tier-3/4 cities (less impacted by Covid-19) and is currently at near-normal levels. While January-February volume growth was in double digits, March volume fell by 45% due to lockdown (we estimate Q4 volume decline in low-single digits ...


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