All Rights Reserved Finance News 2020.
Pidilite Ind shares up 1.33% as Nifty gains
NEW DELHI: Gives you of Pidilite Industrial sectors Ltd. traded 1.33 per cent up in Friday’s trade at 10:46AM (IST). Around some,938 shares altered on the counter.
The stock opened on Rs 1820.zero and touched the intraday high and low involving Rs 1825.85 and Rs 1807.0, respectively, from the session so far. The particular stock of Pidilite Industries Ltd. estimated a 52-week a lot of Rs 1927.95 and a 52-week lower of Rs 1307.05.
As every BSE, the total market cap of the Pidilite Industries Ltd. was standing at Rs 92735.45 crore in the time writing this survey.
The company documented consolidated net revenue of Rs 2319.4 crore for any quarter ended 31-Dec-2020, up 21.94 per cent from prior quarter’s Rs 1902.02 crore and even up 17.95 per cent from the year-ago quarter’s Rs 1966.42 crore.
The net profit intended for latest quarter was standing at Rs 441.83 crore, up 29.27 percent from the corresponding one fourth last year.
As involving 31-Mar-2021, DIIs placed 3.92 percent stake in the business, while foreign institutional investors held 11.88 per cent along with the promoters 70.16 per cent.
According for you to BSE data, often the stock traded for a P/E multiple involving 94.38 as well as a price-to-book ratio involving 15.47. A greater P/E ratio demonstrates investors are willing to spend a higher price because of much better future growth objectives. Price-to-book value implies the inherent associated with a company and is often the measure of the price which will investors are ready to spend even for virtually no growth in the business.
Pidilite Industries Ltd. is one of the Diversified industry.