Share price of Pidilite Ind jumps as Sensex gains 95.38 points
A total of 3,796 shares changed hands on the counter till 12:23PM (IST)
Share price of gained 0.28 per cent to Rs 3007.0 at 12:23PM (IST) in Wednesday's trade. The stock hit a high of Rs 3027.65 and low of Rs 2978.4 so far during the session. The stock had closed at Rs 2998.4 in the previous session.The counter had a total traded volume of 12:23PM shares so far with a turnover of Rs 1.13 crore on . The stock traded at a price-to-earnings multiple of 89.57 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.
belongs to the Diversified industry.
Promotor/FII Holding
Promoters held 69.84 per cent stake in the company as of 31-Dec-2023, while FIIs and domestic institutional investors ownership stood at 11.49 per cent and 8.26 per cent, respectively.
Key Financials
The company reported consolidated 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.
Source: Stocks-Markets-Economic Times
