Pidilite Ind shares gain 0.85% as Sensex rises
A total of 3,298 shares changed hands on the counter till 11:41AM (IST)
Shares of traded 0.85 per cent up at Rs 2724.2 at 11:41AM (IST) on Thursday, even as benchmark gained 95.92 points to 72400.8. The stock had closed at Rs 2701.1 in the previous session.The stock quoted a 52-week high and 52-week low of Rs 2804.0 and Rs 2267.5, respectively.
As per BSE data, total traded volume on the counter till 11:41AM (IST) stood at 11:41AM shares with turnover at Rs 0.89 crore.
At the current price, the stock trades at 80.83 times its trailing 12-month earnings per share of Rs 33.66 per share and 16.59 times its price-to-book value, BSE data showed.
A higher P/E ratio shows investors are willing to pay a higher share price today because of growth expectations in the future. 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.
The Beta value of the stock, which measures its volatility in relation to the broader market, stood at 1.04.
Shareholding Details
Promoters held 69.84 per cent stake in the company as of 31-Dec-2023, while FIIs owned 11.49 per cent and DIIs 8.26 per cent.
Source: Stocks-Markets-Economic Times
