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    Pidilite Ind shares rise 0.35% as Sensex slides

    Synopsis

    A total of 4,624 shares changed hands on the counter till 11:33AM (IST)

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    Shrikant Chouhan of Kotak Securities said Nifty50 topping the 15,800 mark was completely unexpected.
    Shares of the Pidilite Industries Ltd. traded at Rs 2666.85 on BSE at 11:33AM (IST) on Wednesday, up 0.35 per cent from previous close.

    The scrip quoted a 52-week low price of Rs 2250.85 and a high of Rs 2916.85.

    Earlier, the stock saw a gap up opening in the morning.

    A total of 4,624 lakh shares changed hands on the counter till 11:33AM (IST).

    The stock of Pidilite Industries Ltd. commands a market value of Rs 135404.75 crore.

    The stock traded at a price-to-earning (P/E) multiple of 106.35, while the price-to-book value ratio stood at 16.59. Return on equity (ROE) was at 17.65 per cent, according to exchange data.

    In the BSE500 pack, 294 stocks traded in the green, while 207 stocks were in the red.

    Promotor Holding
    Promoters held 69.94 per cent in the Pidilite Industries Ltd. as of 31-Mar-2023 while foreign and domestic institutional investors owned 10.61 per cent and 8.39 per cent, respectively.
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