Pidilite Ind shares gain 0.91% as Sensex rises

Pidilite Ind shares gain 0.91% as Sensex rises
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Synopsis

A total of 3,926 shares changed hands on the counter till 11:13AM (IST)

ETMarkets.com
Shares of Pidilite Industries Ltd. traded 0.91 per cent up at Rs 2093.4 at 11:13AM (IST) on Wednesday, even as BSE benchmark Sensex gained 117.74 points to 52393.31. The stock had closed at Rs 2074.5 in the previous session.

The stock quoted a 52-week high and 52-week low of Rs 2124.25 and Rs 1307.05, respectively.

As per BSE data, total traded volume on the counter till 11:13AM (IST) stood at 11:13AM shares with turnover at Rs 0.82 crore.
At the prevailing price, shares of the company trades at 93.95 times its trailing 12-month EPS of Rs 22.26 per share and 15.47 times its price-to-book value, the exchange 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 70.16 per cent stake in the company as of 31-Mar-2021, while FIIs owned 11.88 per cent and DIIs 7.58 per cent.

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