Berger Paints India Ltd gets land allotment for new facility in Odisha

Odisha Industrial Infrastructure Development Corporation (Government of Odisha Undertaking) has recently allotted a piece of land measuring about 80 acres in Mouza Kalibeti under Khordha Tahasil in the District of Khordha, Odisha for setting up a manufacturing unit by Berger Paints India Limited (Berger) for paints, intermediates, and allied products with annual capacity of approximately 4, 10,000 KL/MT. Berger plans to put up a modern technology - based environmentally sustainable unit for manufacture of paints, coatings, construction chemicals, intermediates including emulsions, resins and related products in the allotted land.

Further, the Hon'ble Chief Minister of Odisha shall lay the foundation stone of Berger's proposed manufacturing facility and attend the groundbreaking ceremony of the above factory on Thursday, 15th February, 2024 at 4.00 PM in the presence of senior government dignitaries & officials of Berger.

Shares of Berger Paints (I) Limited was last trading in BSE at Rs. 558.25 as compared to the previous close of Rs. 550.65. The total number of shares traded during the day was 20346 in over 1139 trades.

The stock hit an intraday high of Rs. 559.75 and intraday low of 546.60. The net turnover during the day was Rs. 11267463.00.

Source : Equity Bulls

Keywords

BergerPaintsIndia INE463A01038 LandAllotment NewFacility Odisha