The scrip opened at Rs 2332.0 and touched an intraday high and low of Rs 2338.0 and Rs 2283.4, respectively, in the session so far. The stock of Pidilite Industries Ltd. quoted a 52-week high of Rs 2362.25 and a 52-week low of Rs 1390.6.
As per BSE, the total market cap of the Pidilite Industries Ltd. stood at Rs 116913.39 crore at the time of writing this report.
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.
The net profit for latest quarter stood at Rs 220.07 crore, up 721.77 per cent from the same quarter a year ago.
Shareholding pattern
As of 30-Jun-2021, domestic institutional investors held 3.84 per cent stake in the firm, while foreign institutional investors held 12.08 per cent and the promoters 69.49 per cent.
Valuation ratio
According to BSE data, the stock traded at a P/E multiple of 88.27 and a price-to-book ratio of 16.45. A higher P/E ratio shows investors are willing to pay a higher price because of better future growth expectations. Price-to-book value indicates the inherent value of a company and is the measure of the price that investors are ready to pay even for no growth in the business.
Pidilite Industries Ltd. belongs to the Diversified industry.