Pidilite Ind shares gain 0.15% as Sensex rises

Shares of Pidilite Industries Ltd. traded 0.15 per cent up at Rs 2265.35 at 11:12AM (IST) on Wednesday, even as BSE benchmark Sensex gained 570.26 points to 54393.62. The scrip had closed at Rs 2262.05 in the previous session.

The stock quoted a 52-week high and 52-week low of Rs 2335.0 and Rs 1307.05, respectively.

As per BSE data, total traded volume on the counter till 11:12AM (IST) stood at 11:12AM shares with turnover at Rs 0.69 crore.

At the current price, shares of the company trades at 101.99 times its trailing 12-month earnings per share of Rs 22.26 per share and 16.45 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 70.13 per cent stake in the company as of 30-Jun-2021, while FIIs owned 12.08 per cent and DIIs 7.16 per cent.