Pidilite Ind stock price down 1.45 per cent as Sensex slides
Pidilite Industries Ltd. fell 1.45 per cent to Rs 2881.75 at 11:42AM hours (IST) on Tuesday. Earlier in the day, the stock saw a gap up start to the session.
As per data available on BSE, total traded quantity on the counter stood at 5,124 shares with a turnover of Rs 1.47 crore till 11:42AM (IST). The stock traded at a price-to-earnings (P/E) multiple of 85.22, 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 2928.95 and a low of Rs 2866.75 during the session and quoted a 52-week high price of Rs 2961.1 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 2591.16 on March 19, while the 50-DMA was at Rs 2708.15. 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 61.41. 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 31-Dec-2023, promoters held 69.84 per cent stake in the company, while FIIs held 11.49 per cent and domestic
