Share price of Pidilite Ind falls as Sensex gains 263.96 points
Pidilite Industries Ltd. dropped 0.3 per cent to Rs 2520.55 at 01:34PM (IST) in Monday's trade.
The counter hit a high of Rs 2538.75 and low of Rs 2510.1 so far during the session. The stock had closed at Rs 2528.2 in the previous session.
The counter had a total traded volume of 01:34PM shares so far with a turnover of Rs 229.0 crore on BSE.
The stock traded at a price-to-earnings multiple of 92.38 and a price-to-book ratio of 16.59.
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 69.92 per cent stake in the company as of 30-Jun-2023, while foreign investors and domestic institutional investors ownership stood at 11.34 per cent and 7.87 per cent, respectively.
Key Financials The firm reported consolidated sales of Rs 3298.54 crore for the quarter ended 30-Jun-2023, up 21.62 per cent from the previous quarter's Rs 2712.07 crore and up 6.0 per cent from the year-ago quarter's Rs 3111.79 crore.
Its profit for the latest quarter stood at Rs 468.16 crore, up 32.39 per cent from the same quarter a year ago.
