Pidilite Ind Share Price: Share price of Pidilite Ind jumps as Sensex gains 99.87 points

The share price of Pidilite Industries Ltd. gained 0.03 per cent to Rs 2216.15 at 12:17PM (IST) in Tuesday’s trade. The counter has hit a high of Rs 2250.0 and low of Rs 2201.0 so far during the session. The stock had closed at Rs 2215.4 in the previous session.

The counter has had a total traded volume of 7394 shares so far with a value of Rs 1.64 crore on the NSE. It traded at a price-to-earnings multiple of 84.09 and a price-to-book ratio of 16.45.

A higher P/E ratio shows investors are willing to pay a higher price for per rupee earnings given by the stock because of better future growth expectations.

The price-to-book value indicates the inherent value of a company and reflects the price investors are willing to pay even for no growth in the business.

The scrip gained 44.86 per cent during the past one year, while the 30-share index advanced 30.72 per cent during the same period.

Pidilite Industries Ltd. belongs to the Diversified industry.


Promotor/FII Holding

Promoters held 69.44 per cent stake in the company as of 30-Sep-2021, while FIIs and domestic institutional investors ownership stood at 11.78 per cent and 4.29 per cent, respectively.

Key Financials

The firm reported consolidated sales of Rs 2640.25 crore for the quarter ended 30-Sep-2021, up 35.89 per cent from the previous quarter’s Rs 1942.91 crore and up 38.81 per cent from the year-ago quarter’s Rs 1902.02 crore.

Profit for the latest quarter stood at Rs 374.65 crore, up 5.11 per cent from the same quarter a year ago.

Source Link