Share price of Pidilite Ind rises as Nifty weakens

economictimes.indiatimes.com:

Pidilite Industries Ltd. gained 1.66 per cent to Rs 2616.05 in Wednesday's trade as of 11:17AM (IST).

The stock hit a high price of Rs 2618.85 and low of Rs 2575.05 during the session. The return on equity (ROE) for the stock stood at 17.65 per cent.

Traded volume on the counter stood at 11:17AM shares and turnover at Rs 3.27 crore around that time. The stock of Pidilite Industries Ltd.

quoted a 52-week high and 52-week low prices of Rs 2916.85 and Rs 2172.8, respectively. The Beta value of the counter, which measures its volatility in relation to the broader market, stood at 1.04.Promotor/FII Holding Promoters held 69.94 per cent stake in the company as of 31-Mar-2023, while foreign investors held 10.61 per cent and domestic institutional investors had 8.39 per cent.Key Financials The company reported consolidated sales of Rs 2712.07 crore for the quarter ended 31-Mar-2023, down 9.68 per cent from previous quarter's Rs 3002.72 crore and down 7.7 per cent from the year-ago quarter's Rs 2518.21 crore.