Pidilite Ind shares down 4.15% as Nifty gains
A total of 57,864 shares changed hands on the counter till 02:04PM (IST).
NEW DELHI: Shares of traded 4.15 per cent down in Wednesday's trade at 02:04PM (IST). Around 57,864 shares changed hands on the counter.The stock opened at Rs 2938.5 and touched an intraday high and low of Rs 2948.25 and Rs 2777.05, respectively, in the session so far. Shares of the company of quoted a 52-week high of Rs 3116.0 and a 52-week low of Rs 2293.1.
As per , the total market cap of the . stood at Rs 150072.81 crore at the time of writing this report.
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 previous quarter's Rs 3107.63 crore and up 5.47 per cent from the year-ago quarter's Rs 3002.72 crore.
The net profit for latest quarter stood at Rs 510.48 crore, up 67.83 per cent from the same quarter a year ago.
Shareholding pattern
As of 31-Mar-2024, domestic institutional investors held 3.6 per cent stake in the firm, while foreign institutional investors held 11.31 per cent and the promoters 68.58 per cent.
Valuation ratio
According to BSE data, the stock traded at a price-to-earnings multiple of 86.7 and a price-to-book ratio of 16.59. 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
