Share price of Pidilite Ind falls as Sensex drops 1493.69 points

economictimes.indiatimes.com:

Pidilite Industries Ltd. dropped 0.4 per cent to Rs 3121.0 at 10:30AM (IST) in Monday's trade. The counter hit a high of Rs 3136.0 and low of Rs 3071.35 so far during the session. The stock had closed at Rs 3133.7 in the previous session.
The counter had a total traded volume of 10:30AM shares so far with a turnover of Rs 1.03 crore on BSE. The stock traded at a price-to-earnings multiple of 90.33 and a price-to-book ratio of 18.24.

A higher P/E 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 69.75 per cent stake in the company as of 30-Jun-2024, while foreign investors and domestic institutional investors ownership stood at 11.59 per cent and 8.96 per cent, respectively.
Key Financials The company reported consolidated net sales of Rs 2950.73 crore for the quarter ended 31-Mar-2024, down 6.83 per cent from the previous quarter's Rs 3166.97 crore and down 8.8 per cent from the year-ago quarter's Rs 2712.07 crore.
Its profit for the latest quarter stood at Rs 300.5 crore, up 6.17 per cent from the same quarter a year ago.