Pidilite Ind Share Price: Share price of Pidilite Ind falls as Sensex gains 300.02 points

The share price of Pidilite Industries Ltd. dropped 1.43 per cent to Rs 2223.15 at 02:04PM (IST) in Thursday’s trade. The stock has hit a high of Rs 2300.0 and low of Rs 2205.05 so far during the session. The stock had closed at Rs 2255.5 in the previous session.

The counter has had a total traded volume of 29634 shares so far with a value of Rs 6.61 crore on the NSE. It traded at a price-to-earnings multiple of 85.33 and a price-to-book ratio of 16.45.

A higher price-to-earnings 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 62.91 per cent during the past one year, while the 30-share index advanced 44.12 per cent during the same period.

Pidilite Industries Ltd. belongs to the Diversified industry.


Promotor/FII Holding

Promoters held 69.49 per cent stake in the company as of 30-Jun-2021, while overseas investors and domestic institutional investors ownership stood at 12.08 per cent and 3.84 per cent, respectively.

Key Financials

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

Profit 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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