Pidilite Ind declines 0.07% as Sensex climbs

Shares of Pidilite Industries Ltd. traded at Rs 2579.0 on BSE at 12:48PM (IST) on Wednesday, down 0.07 per cent from previous close.

The stock quoted a 52-week low price of Rs 2250.85 and a high of Rs 2916.85.

Earlier, the stock saw a gap up opening in the morning.


A total of 4,792 lakh shares changed hands on the counter till 12:48PM (IST).

The stock of Pidilite Industries Ltd. commanded a market value of Rs 131064.12 crore, according to BSE.

The stock traded at a price-to-earning (P/E) multiple of 94.44, 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, 386 stocks traded in the green, while 115 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 69.38 per cent in Pidilite Industries Ltd. as of 30-Jun-2023 while foreign portfolio investors and domestic institutional investors owned 11.34 per cent and 3.88 per cent, respectively.

Moving averages
The 200-DMA of the stock stood at 2513.93 on August 30, while the 50-DMA was at 2597.22. 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.