Pidilite Ind shares up 0.07% as Sensex falls
Pidilite Industries Ltd. gained 0.07 per cent to Rs 2486.65 in Monday's session as of 11:33AM (IST) even as the equity benchmark Sensex traded 84.4 points lower at 67754.23.
Earlier in the day, the stock witnessed a gap down start to the session.
The stock quoted a 52-week high price of Rs 2916.85 and a 52-week low of Rs 2250.85 on NSE. Around 6003 shares changed hands on the counter till 11:33AM (IST).
The stock opened at Rs 2478.05 and has touched an intraday high and low of Rs 2490.95 and Rs 2470.35 during the session so far.
The scrip quoted a price-to-earnings (PE) ratio of 91.13, earnings per share (EPS) of Rs 27.3 and price to book value (PB) of 16.59, while the return on equity (ROE) stood at Rs 17.76.
Promoter/ FII Holding
The promoters held 69.92 per cent stake in the company as of September 18, while FII and MF ownerships stood at 11.34 per cent and 3.88 per cent, respectively.
Key Financials With a market capitalisation of Rs 126473.77 crore, the company operates in the Diversified industry. For the quarter ended 30-Jun-2023, the company reported consolidated sales of Rs 3298.54 crore, up 21.62 per cent from the previous quarter?s Rs 2712.07 crore and up 6.0 per cent from the same quarter a year ago.
The company reported net profit of Rs 468.16 crore for the latest quarter, up 32.39 per cent from the corresponding quarter last year.
Technical Indicators The relative strength index (RSI) of the stock stands at 41.8. The RSI oscillates between zero and 100.
Traditionally, it is considered overbought condition when the RSI value is above 70 and oversold condition when it is below 30. Analysts say the RSI indicator should not be seen in isolation, as it may not be sufficient to take a trading call, just the way a
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