Pidilite Ind stock price down 0.96 per cent as Sensex climbs

Pidilite Ind stock price down 0.96 per cent as Sensex climbs
ETMarkets.com
Rate Story
Share
Font Size
Save
Comment
Synopsis

As of 30-Sep-2021, promoters held 69.44 per cent stake in the company, while FIIs held 11.78 per cent and domestic institutional investors had 4.29 per cent.

Shutterstock.com
RSI has turned north from the 60 level, confirming bullishness.
Shares of Pidilite Industries Ltd. fell 0.96 per cent to Rs 2384.7 at 02:06PM hours (IST) on Monday. Earlier in the day, the stock saw a gap up start to the session.

As per data available on BSE, total traded quantity on the counter stood at 15,651 shares with a turnover of Rs 3.72 crore till 02:06PM (IST). The stock traded at a price-to-earnings (P/E) multiple of 91.5, while the price-to-book value ratio stood at 16.45.

Return on equity (ROE) was at 20.31 per cent, according to exchange data. The stock hit an intraday high of Rs 2450.0 and a low of Rs 2358.0 during the session and quoted a 52-week high price of Rs 2531.9 and a 52-week low of Rs 1501.6.

The stock's beta value, which measures its volatility in relation to the broader market, stood at 1.04.

Technical Indicators

The 200-DMA (day moving average) of the stock stood at Rs 2068.65 on November 08, while the 50-DMA was at Rs 2379.47. If a stock trades above 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 a bearish trend. If it trades between 50-DMA and 200-DMA, then it suggests the stock can go either way.

The Relative Strength Index (RSI) of the stood at 50.7. The RSI oscillates between zero and 100. Traditionally, a stock is considered overbought when the RSI value stands above 70 and oversold when it is below 30.

Promoter holding

As of 30-Sep-2021, promoters held 69.99 per cent stake in the company, while FIIs held 11.78 per cent and domestic institutional investors had 7.3 per cent.

Pick the best companies to invest

BECOME AN ETPRIME MEMBER

Read More News on

(What's moving Sensex and Nifty Track latest market news, stock tips and expert advice on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds.)

Download The Economic Times News App to get Daily Market Updates & Live Business News.

ETPrime stories of the day