Pidilite Ind shares up 1.41% as Nifty gains
A total of 6,181 shares changed hands on the counter till 12:22PM (IST).
NEW DELHI: Shares of traded 1.41 per cent up in Monday's trade at 12:22PM (IST). Around 6,181 shares changed hands on the counter.The counter opened at Rs 3171.45 and touched an intraday high and low of Rs 3173.0 and Rs 3108.05, respectively, in the session so far. Shares of the company of quoted a 52-week high of Rs 3232.3 and a 52-week low of Rs 2293.1.
Total market cap of the . stood at Rs 161302.91 crore at the time of writing this report.
Key Financials
The company reported consolidated sales of Rs 2950.73 crore for the quarter ended 31-Mar-2024, down 6.83 per cent from previous quarter's Rs 3166.97 crore and down 8.8 per cent from the year-ago quarter's Rs 2712.07 crore.
The net profit for latest quarter stood at Rs 300.5 crore, up 6.17 per cent from the same quarter a year ago.
Shareholding pattern
As of 31-Mar-2024, DIIs held 3.6 per cent stake in the firm, while foreign institutional investors held 11.31 per cent and the promoters 69.77 per cent.
Valuation ratio
According to data, the stock traded at a price-to-earnings multiple of 93.28 and a price-to-book ratio of 18.24. A higher P/E ratio shows investors are willing to pay a higher price because of better future growth expectations. 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.
. belongs to the Diversified industry.
Source: Stocks-Markets-Economic Times
