Pidilite Ind shares gain 0.71% as Sensex rises

economictimes.indiatimes.com:

Pidilite Industries Ltd. traded 0.71 per cent higher in Friday's session at 12:27PM (IST). The stock opened at Rs 2750.0 and has touched an intraday high and low of Rs 2767.85 and Rs 2740.0, respectively, during the session so far.
The stock quoted a 52-week high of Rs 2804.0 and a 52-week low of 2275.0. About 10,841 shares changed hands on the counter so far.

Benchmark Nifty50 was up 304.66 points at 22287.45, while the BSE Sensex traded 1018.7 points higher at 73519.0 at the time of writing of this report.
In the Nifty pack, 39 stocks traded the day in the green, while 10 were in the red.

Key Financials For the quarter ended 31-Dec-2023, the company reported consolidated sales of Rs 3166.97 crore, up 1.91 per cent from the previous quarter's Rs 3107.63 crore and up 5.47 per cent from the year-ago quarter. The company reported net profit of Rs 510.48 crore for the latest quarter.
Promoter Holdings Promoters held 69.84 per cent stake in the company as of 31-Dec-2023, while FIIs held 11.49 per cent and MFs 3.49 per cent.
Technicals On the technical charts, the 200-Day Moving Average (DMA) of the stock stood at Rs 2575.45 on March 01, while the 50-DMA was at Rs 2678.35. If a stock trades above 50-DMA and 200-DMA, it usually means the immediate trend is upward. On the other hand, if the stock trades well below 50-DMA and 200-DMA both, it is considered as bearish trend and if trades between these averages, then it suggests the stock can go either way.