Pidilite Ind rises 1.16% as Sensex climbs
The stock traded at a P/E multiple of 89.9, while the price-to-book value ratio stood at 16.59.
Shares of traded at Rs 3024.6 on at 12:43PM (IST) on Thursday, up 1.16 per cent from previous close.The scrip quoted a 52-week low price of Rs 2293.1 and a high of Rs 3036.05.
Earlier, the stock saw a gap up opening in the morning.
A total of 5,566 lakh shares changed hands on the counter till 12:43PM (IST).
The stock of commanded a market value of Rs 153889.93 crore, according to BSE.
The stock traded at a price-to-earning (P/E) multiple of 89.9, 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, 351 stocks traded in the green, while 149 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 68.59 per cent in . as of 31-Dec-2023 while foreign portfolio investors and domestic institutional investors owned 11.49 per cent and 3.49 per cent, respectively.
Moving averages
The 200-DMA of the stock stood at 2600.97 on March 28, while the 50-DMA was at 2734.16. 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
