Pidilite Ind shares gain 0.18% as Sensex rises

Shares of . traded 0.18 per cent up at Rs 2753.1 at 11:16AM (IST) on Thursday, even as BSE benchmark Sensex gained 296.9 points to 63396.55. The stock had settled at Rs 2748.25 in the previous session.

The stock quoted a 52-week high and 52-week low of Rs 2916.85 and Rs 1988.6, respectively.

As per BSE data, total traded volume on the counter till 11:16AM (IST) stood at 11:16AM shares with turnover at Rs 0.89 crore.

At the current price, shares of the company trades at 108.01 times its trailing 12-month earnings per share of Rs 25.55 per share and 19.49 times its price-to-book value, BSE 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 69.94 per cent stake in the company as of 30-Jun-2022, while FIIs owned 11.13 per cent and DIIs 7.47 per cent.