The stock was up 3% at Rs 240 on BSE in otherwise weak market
Firm's revenue grew 5% to Rs 1,296 crore
Berger Paints is responding to the crisis by effecting a course correction in its growth strategy
Income from operations at Rs 1,246 crore, up 10.6% from a year ago
As of now, the plant's capacity is 12,000 tonnes which will be increased to 22,000 tonnes
Stock of the company was trading 0.29% up at Rs 240.65 on BSE
BNB Coatings is a 51:49% joint venture between NPAU and Berger Paints
Net sales and other operating income up 8.6% to Rs 1,130 crore
The firm has 13% market share in the Rs 3,000 cr auto paints industry, but is totally absent in passenger-car segment