Berger Paints India, one of the leading paint manufacturing companies, has decided to install two factories in Assam. "One of them will be a putty and distemper manufacturing facility to be put up by British Paints Division of the company and the other will be a water and solvent based paint mixing plant by Berger Division," the company said.

In another announcement, the company reported a substantial rise in consolidated net profit for the quarter ended June 2015. During the quarter, the profit of the company rose 34.53% to Rs 773 million from Rs 574.60 million  in the same quarter last year.

Revenues for the quarter  rose 5.73% to Rs 11,211.90 million, compared with Rs 10,605 million for the prior year period.

Shares of the company gained Rs 3.80, or 1.74%, to settle at Rs 221.75. The total volume of shares traded was 288,941 at the BSE (Monday).