The counter has had a total traded volume of 9513 shares so far with a value of Rs 2.11 crore on the NSE. It traded at a price-to-earnings multiple of 85.4 and a price-to-book ratio of 16.45.
A higher P/E ratio shows investors are willing to pay a higher price for per rupee earnings given by the stock because of better future growth expectations.
The price-to-book value indicates the inherent value of a company and reflects the price investors are willing to pay even for no growth in the business.
The scrip gained 51.42 per cent during the past one year, while the 30-share index advanced 45.93 per cent during the same period.
Pidilite Industries Ltd. belongs to the Diversified industry.
Promoters held 69.49 per cent stake in the company as of 30-Jun-2021, while overseas investors and domestic institutional investors ownership stood at 12.08 per cent and 3.84 per cent, respectively.
The company reported consolidated net sales of Rs 1942.91 crore for the quarter ended 30-Jun-2021, down 13.76 per cent from the previous quarter’s Rs 2252.85 crore and down 116.4 per cent from the year-ago quarter’s Rs 897.84 crore.
Profit for the latest quarter stood at Rs 220.07 crore, up 721.77 per cent from the same quarter a year ago.
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