Business & Investment

Pidilite India’s share price skyrocketed as Senssex scored 28.85 points

Ltd.’s share price rose 3.14 percent to Rs 1854.75 at 12:57 pm (IST) on Tuesday. During the session, stock prices reached a so far high of Rs 1854.75 and a low of Rs 1791.0. The stock closed at Rs 1798.2 in the previous session.

The counter’s total trading volume to date was 12:57 PM shares with sales of Rs 2.13. BSE.. The price-earnings ratio was a multiple of 94.71 and the price-to-book value ratio was 15.47.

A high price-earnings ratio indicates that investors are willing to pay a higher price for the return on rupees from their stocks as expectations for future growth increase.

The price-to-book value ratio is a measure of the inherent value of a company and the price at which an investor is ready to pay even if the business is not growing.

Pidilite Industries Ltd. Belongs to the diversified industry.

Promoter / FII Holding

As of December 31, 2020, the promoter held a 70.19% stake in the company, with FII and domestic institutional investors owning 11.39% and 8.25%, respectively.

Major finance

The company reported consolidated sales of Rs 23.194 billion for the quarter ended December 31, 2020, an increase of 21.94% from Rs 190.22 billion in the previous quarter and an increase of 17.95% from Rs 19.6642 billion in the same period last year. ..

Profit for the latest quarter was Rs 44.183 billion, an increase of 29.27 percent over the same period last year.

Pidilite India’s share price skyrocketed as Senssex scored 28.85 points

https://economictimes.indiatimes.com/markets/stocks/stock-watch/share-price-of-pidilite-ind-jumps-as-sensex-gains-28-85-points/articleshow/81928469.cms Pidilite India’s share price skyrocketed as Senssex scored 28.85 points

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