Pidilite Ind shares 0.0% as Nifty drops
Pidilite Industries Ltd. traded 0.0 per cent in Tuesday's trade at 12:12PM (IST). Around 3,002 shares changed hands on the counter.
The stock opened at Rs 2950.3 and touched an intraday high and low of Rs 2964.95 and Rs 2932.0, respectively, in the session so far. Shares of the company of Pidilite Industries Ltd. quoted a 52-week high of Rs 3116.0 and a 52-week low of Rs 2293.1.
Total market cap of the Pidilite Industries Ltd. stood at Rs 150179.62 crore at the time of writing this report.
Key Financials The company reported consolidated net sales of Rs 3166.97 crore for the quarter ended 31-Dec-2023, up 1.91 per cent from previous quarter's Rs 3107.63 crore and up 5.47 per cent from the year-ago quarter's Rs 3002.72 crore.
The net profit for latest quarter stood at Rs 510.48 crore, up 67.83 per cent from the corresponding quarter last year.
Shareholding pattern As of 31-Mar-2024, DIIs held 3.6 per cent stake in the company, while foreign institutional investors held 11.31 per cent and the promoters 69.77 per cent.
Valuation ratio According to BSE data, the stock traded at a P/E multiple of 86.7 and a price-to-book ratio of 16.59. 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.
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