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Berger Paints up 2%, signs memorandum of business exploration with NBC

Berger Paints up 2%, signs memorandum of business exploration with NBC

Tuesday, April 18, 2017, 12:11 PM

Shares of Berger Paints India rose 2.7% intraday Tuesday after its subsidiary signed a memorandum of business exploration with NBCC. The company's subsidiary Bolix, S.A. Poland and NBCC sign memorandum of business exploration to bring External Thermal Insulation and Composite Systems (ETICS) solutions to India. ETICS is a very cost effective and efficient solution and much used in Europe.
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