Pidilite Ind Share Price: Share price of Pidilite Ind rises as Nifty strengthens

Shares of Pidilite Industries Ltd. gained 0.3 per cent to Rs 2255.55 in Wednesday’s trade as of 01:13PM (IST).

The stock hit a high price of Rs 2271.35 and low of Rs 2238.2 during the session.

The return on equity (ROE) for the stock stood at 20.22 per cent. Traded volume on the counter stood at 01:13PM shares and turnover at Rs 11.42 crore around that time.

The stock of Pidilite Industries Ltd. quoted a 52-week high and 52-week low prices of Rs 2301.25 and Rs 1307.05, respectively.

The Beta value of the counter, which measures its volatility in relation to the broader market, stood at 1.04.

Promotor/FII Holding

Promoters held 70.16 per cent stake in the company as of 31-Mar-2021, while FIIs held 11.88 per cent and domestic institutional investors had 7.58 per cent.

Key Financials

The company reported consolidated sales of Rs 2252.85 crore for the quarter ended 31-Mar-2021, down 2.87 per cent from previous quarter’s Rs 2319.4 crore and down 44.54 per cent from the year-ago quarter’s Rs 1558.64 crore.

Net profit after tax for the latest quarter stood at Rs 306.19 crore, up 94.37 per cent from the same quarter a year ago.

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