Pidilite Ind declines 0.26% as Sensex climbs
Pidilite Industries Ltd. traded at Rs 2765.45 on BSE at 01:44PM (IST) on Thursday, down 0.26 per cent from previous close.
The stock quoted a 52-week low price of Rs 2250.85 and a high of Rs 2789.55.
Earlier, shares of the company saw a gap up opening in the morning.
A total of 14,967 lakh shares changed hands on the counter till 01:44PM (IST).
The stock of Pidilite Industries Ltd.
commanded a market value of Rs 140508.65 crore, according to BSE.
The stock traded at a price-to-earning (P/E) multiple of 93.33, 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.
In the BSE500 pack, 357 stocks traded in the green, while 144 stocks were in the red.
The stock's beta value, which measures volatility in relation to the broader market, stood at 1.04.
Promotor/FII Holding Promoters held 68.61 per cent in Pidilite Industries Ltd.
as of 30-Sep-2023 while foreign and domestic institutional investors owned 11.44 per cent and 3.57 per cent, respectively.
Moving averages
The 200-DMA of the stock stood at 2521.81 on January 04, while the 50-DMA was at 2538.52. If a stock trades below 50-DMA and 200-DMA, it usually means the immediate trend is upward.
