Pidilite Ind rises 2.65% as Sensex slides
The stock traded at a P/E multiple of 86.7, while the price-to-book value ratio stood at 18.24.
Shares of traded at Rs 2891.45 on at 10:04AM (IST) on Thursday, up 2.65 per cent from previous close.The scrip quoted a 52-week low price of Rs 2293.1 and a high of Rs 3116.0.
Earlier, shares of the company saw a gap down opening in the morning.
A total of 15,949 lakh shares changed hands on the counter till 10:04AM (IST).
The stock of commanded a market value of Rs 143254.91 crore, according to BSE.
The stock traded at a price-to-earning (P/E) multiple of 86.7, while the price-to-book value ratio stood at 18.24. Return on equity (ROE) was at 20.56 per cent, according to exchange data.
In the BSE500 pack, 190 stocks traded in the green, while 310 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 foreign 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 2642.27 on May 09, while the 50-DMA was at 2898.27. 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
