Pidilite Ind stock price down 0.93 per cent as Sensex climbs
Pidilite Industries Ltd. fell 0.93 per cent to Rs 2476.45 at 01:54PM hours (IST) on Monday.
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 46,455 shares with a turnover of Rs 1153.0 crore till 01:54PM (IST). The stock traded at a price-to-earnings (P/E) multiple of 91.04, while the price-to-book value ratio stood at 16.59.
Return on equity (ROE) was at 17.76 per cent, according to exchange data.
The stock hit an intraday high of Rs 2504.95 and a low of Rs 2468.0 during the session and quoted a 52-week high price of Rs 2916.85 and a 52-week low of Rs 2250.85.
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 2511.42 on September 04, while the 50-DMA was at Rs 2587.26. 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 37.75.
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-2023, promoters held 69.92 per cent stake in the company, while overseas investors held 11.34 per cent and domestic institutional investors had 7.87 per cent.
