Pidilite Ind declines 0.13% as Sensex slides
The stock traded at a P/E multiple of 85.41, while the price-to-book value ratio stood at 16.59.
Shares of traded at Rs 2878.0 on at 12:12PM (IST) on Tuesday, down 0.13 per cent from previous close.The stock quoted a 52-week low price of Rs 2293.1 and a high of Rs 3073.2.
Earlier, shares of the company saw a gap up opening in the morning.
A total of 2,668 lakh shares changed hands on the counter till 12:12PM (IST).
The stock of commanded a market value of Rs 146212.47 crore, according to BSE.
The stock traded at a price-to-earning (P/E) multiple of 85.41, while the price-to-book value ratio stood at 16.59. Return on equity (ROE) was at 17.76 per cent, according to exchange data.
In the BSE500 pack, 349 stocks traded in the green, while 151 stocks were in the red.
The stock's beta value, which measures volatility in relation to the broader market, stood at 1.04.
Promotor/FII Holding
Promoters held 68.58 per cent in . as of 31-Mar-2024 while overseas and domestic institutional investors owned 11.31 per cent and 3.6 per cent, respectively.
Moving averages
The 200-DMA of the stock stood at 2618.44 on April 16, while the 50-DMA was at 2816.79. If a stock trades below 50-DMA and 200-DMA, it usually means the immediate trend is upward. On the other hand, if the stock trades below 50-DMA and 200-DMA, it is considered as bearish trend and if trades between 50-DMA and 200-DMA, then it suggests the stock can go either way.
Source: Stocks-Markets-Economic Times
