Pidilite Ind share price up 0.41 per cent

economictimes.indiatimes.com:

Pidilite Industries Ltd. traded 0.41 per cent up at Rs 2582.0 at around 11:07AM (IST) on Tuesday. The stock had closed at Rs 2571.35 in the previous session.

Equity benchmark Sensex traded 87.55 points higher at 65292.6 around the same time. The scrip has climbed 17.81 per cent in the last one year till date, while the 30-share index has gained 23.14 per cent during the same period. The stock's 52-week high price stood at Rs 2916.85 and the 52-week low price at Rs 2141.35.

Trading volume on the counter stood at 2,969 shares, while it quoted a price-to-earnings ratio of 103.24, an EPS value of 25.05 and a price-to-book value of 16.59. In the Nifty50 pack, 23 stocks traded in the green, while 25 stocks were in the red.Promoter/FII Holding Promoters held 69.94 per cent stake in the company as of 31-Mar-2023, while FII and mutual funds' ownership stood at 10.61 per cent and 4.21 per cent, respectively.Key Financials For the quarter ended 31-Mar-2023, the company reported consolidated sales of Rs 2712.07 crore, down 9.68 per cent from the previous quarter's Rs 3002.72 crore and down 7.7 per cent from the year-ago quarter's Rs 2518.21 crore. The company reported net profit of Rs 283.03 crore for the latest quarter.Technical Indicators The MACD signalled a bearish bias on the counter.

The MACD is known for signalling trend reversals in traded securities or indices. It is the difference between the 26-day and 12-day exponential moving averages. A nine-day exponential moving average, called the signal line, is plotted on top of the MACD to reflect «buy» or «sell» opportunities.