Share price of Pidilite Ind jumps as Sensex gains 141.93 points

Share price of Pidilite Industries Ltd. gained 1.12 per cent to Rs 2503.05 at 11:31AM (IST) in Tuesday's trade. The scrip hit a high of Rs 2507.2 and low of Rs 2476.05 so far during the session. The stock had closed at Rs 2475.15 in the previous session.

The counter had a total traded volume of 11:31AM shares so far with a turnover of Rs 329.0 crore on BSE. The stock traded at a price-to-earnings multiple of 91.57 and a price-to-book ratio of 16.59.

A higher P/E ratio shows investors are willing to pay a higher price for per rupee earnings given by the stock because of better future growth expectations.


The 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.

Pidilite Industries Ltd. belongs to the Diversified industry.

Promotor/FII Holding
Promoters held 69.92 per cent stake in the company as of 30-Jun-2023, while foreign investors and domestic institutional investors ownership stood at 11.34 per cent and 7.87 per cent, respectively.

Key Financials
The firm reported consolidated sales of Rs 3298.54 crore for the quarter ended 30-Jun-2023, up 21.62 per cent from the previous quarter's Rs 2712.07 crore and up 6.0 per cent from the year-ago quarter's Rs 3111.79 crore.

Its profit for the latest quarter stood at Rs 468.16 crore, up 32.39 per cent from the same quarter a year ago.