Pidilite Ind stock price down 0.1 per cent as Sensex slides
Pidilite Industries Ltd. fell 0.1 per cent to Rs 3191.7 at 10:35AM hours (IST) on Friday. Earlier in the day, the stock saw a gap down start to the session.
As per data available on BSE, total traded quantity on the counter stood at 21,294 shares with a turnover of Rs 6.85 crore till 10:35AM (IST). The stock traded at a price-to-earnings (P/E) multiple of 93.92, while the price-to-book value ratio stood at 18.24.
Return on equity (ROE) was at 20.56 per cent, according to exchange data. The stock hit an intraday high of Rs 3244.65 and a low of Rs 3171.5 during the session and quoted a 52-week high price of Rs 3244.65 and a 52-week low of Rs 2293.1.
The stock's beta value, which measures its volatility in relation to the broader market, stood at 1.04.
Technical Indicators
The 200-DMA (day moving average) of the stock stood at Rs 2773.14 on July 19, while the 50-DMA was at Rs 3078.36. 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 below 50-DMA and 200-DMA, it is considered a bearish trend. If it trades between 50-DMA and 200-DMA, then it suggests the stock can go either way.
The Relative Strength Index (RSI) of the stood at 60.78. The RSI oscillates between zero and 100. Traditionally, a stock is considered overbought when the RSI value stands above 70 and oversold when it is below 30.
Promoter holding
As of 30-Jun-2024, promoters held 69.75 per cent stake in the company, while overseas investors held 11.59 per cent and domestic
