Pidilite Ind Share Price: Pidilite Ind stock price up 0.83 per cent as Sensex climbs

Shares of Pidilite Industries Ltd. rose 0.83 per cent to Rs 3039.95 at 11:42AM hours (IST) on Monday. Earlier in the day, the stock saw a gap up start to the session.

As per data available on BSE, total traded quantity on the counter stood at 13,638 shares with a turnover of Rs 4.16 crore till 11:42AM (IST). The stock traded at a price-to-earnings (P/E) multiple of 90.28, while the price-to-book value ratio stood at 16.59.

Return on equity (ROE) was at 17.76 per cent, according to exchange data. The stock hit an intraday high of Rs 3073.2 and a low of Rs 3031.05 during the session and quoted a 52-week high price of Rs 3073.2 and a 52-week low of Rs 2293.1.

The stock’s beta value, which measures its volatility in relation to the broader market, stood at 1.04.

Technical Indicators

The 200-DMA (day moving average) of the stock stood at Rs 2602.92 on April 01, while the 50-DMA was at Rs 2739.59. If a stock trades above 50-DMA and 200-DMA, it usually means the immediate trend is upward. On the other hand, if the stock trades below 50-DMA and 200-DMA, it is considered a bearish trend. If it trades between 50-DMA and 200-DMA, then it suggests the stock can go either way. The Relative Strength Index (RSI) of the stood at 71.61. The RSI oscillates between zero and 100. Traditionally, a stock is considered overbought when the RSI value stands above 70 and oversold when it is below 30. Promoter holding

As of 31-Dec-2023, promoters held 69.84 per cent stake in the company, while overseas investors held 11.49 per cent and domestic institutional investors had 8.26 per cent.

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