Pidilite Ind shares up 1.22% as Nifty drops
A total of 12,612 shares changed hands on the counter till 11:21AM (IST).
NEW DELHI: Shares of traded 1.22 per cent up in Tuesday's trade at 11:21AM (IST). Around 12,612 shares changed hands on the counter.The scrip opened at Rs 2980.25 and touched an intraday high and low of Rs 2999.15 and Rs 2960.05, respectively, in the session so far. Shares of the company of quoted a 52-week high of Rs 2999.15 and a 52-week low of Rs 2293.1.
Total market cap of the . stood at Rs 152023.33 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-Dec-2023, DIIs held 3.49 per cent stake in the company, while foreign institutional investors held 11.49 per cent and the promoters 69.84 per cent.
Valuation ratio
According to data, the stock traded at a P/E multiple of 88.81 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
