Pidilite Ind shares rise 1.35% as Nifty gains
Pidilite Industries Ltd. traded 1.35 per cent up at Rs 3301.0 on Thursday at around 09:59AM (IST), while the benchmark BSE Sensex advanced 167.07 points to 85336.94.
As many as 3,877 shares changed hands on the counter with a total value of Rs 1.27 crore.
The stock quoted a 52-week high price of Rs 3330.9 and a 52-week low of Rs 2293.1.
On the technical charts, the 200-DMA of the stock stood at Rs 2943.73, while 50-DMA was at Rs 3163.13. If a stock trades above 50 DMA and 200 DMA, it usually means the immediate trend is up. On the other hand, if the stock trades below 50 DMA and 200 DMA both, it is considered a bearish trend and if it trades between 50DMA and 200DMA, then it suggests the stock can go anywhere.
Shares of the company have advanced 32.38 per cent in the past one year, while Sensex has risen 25.78 per cent during the same period.
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