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

Shares of Pidilite Industries Ltd. gained 0.47 per cent to Rs 2224.65 in Thursday’s trade as of 11:36AM (IST).

The stock hit a high price of Rs 2230.25 and low of Rs 2210.0 during the session.

The return on equity (ROE) for the stock stood at 20.31 per cent. Traded volume on the counter stood at 11:36AM shares and turnover at Rs 0.78 crore around that time.

The stock of Pidilite Industries Ltd. quoted a 52-week high and 52-week low prices of Rs 2335.0 and Rs 1390.6, 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 70.13 per cent stake in the company as of 30-Jun-2021, while foreign investors held 12.08 per cent and domestic institutional investors had 7.16 per cent.

Key Financials

The company reported consolidated sales of Rs 1942.91 crore for the quarter ended 30-Jun-2021, down 13.76 per cent from previous quarter’s Rs 2252.85 crore and down 116.4 per cent from the year-ago quarter’s Rs 897.84 crore.

Net profit after tax for the latest quarter stood at Rs 220.07 crore, up 721.77 per cent from the same quarter a year ago.

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