Share price of Pidilite Ind falls as Sensex gains 259.46 points

economictimes.indiatimes.com:

Pidilite Industries Ltd. dropped 2.05 per cent to Rs 2983.8 at 02:00PM (IST) in Thursday's trade. The stock hit a high of Rs 3116.0 and low of Rs 2965.2 so far during the session. The stock had closed at Rs 3046.55 in the previous session.
The counter had a total traded volume of 02:00PM shares so far with a turnover of Rs 36.13 crore on BSE. The stock traded at a price-to-earnings multiple of 86.7 and a price-to-book ratio of 16.59.

A higher price-to-earnings ratio shows investors are willing to pay a higher price for per rupee earnings given by the stock because of better future growth expectations.
The price-to-book value indicates the inherent value of a company and is the measure of the price that investors are ready to pay even for no growth in the business.
Pidilite Industries Ltd. belongs to the Diversified industry.
Promotor/FII Holding Promoters held 69.77 per cent stake in the company as of 31-Mar-2024, while foreign investors and domestic institutional investors ownership stood at 11.31 per cent and 8.93 per cent, respectively.
Key Financials The firm reported consolidated net sales of Rs 3166.97 crore for the quarter ended 31-Dec-2023, up 1.91 per cent from the previous quarter's Rs 3107.63 crore and up 5.47 per cent from the year-ago quarter's Rs 3002.72 crore.
Its profit for the latest quarter stood at Rs 510.48 crore, up 67.83 per cent from the same quarter a year ago.