The scrip opened at Rs 3170.6 and touched an intraday high and low of Rs 3226.15 and Rs 3170.6, respectively, in the session so far. Shares of the company of Pidilite Industries Ltd. quoted a 52-week high of Rs 3277.8 and a 52-week low of Rs 2293.1.
Total market cap of the Pidilite Industries Ltd. stood at Rs 163449.24 crore at the time of writing this report.
Key Financials
The company reported consolidated sales of Rs 3449.29 crore for the quarter ended 30-Jun-2024, up 16.9 per cent from previous quarter’s Rs 2950.73 crore and up 4.57 per cent from the year-ago quarter’s Rs 3298.54 crore.
The net profit for latest quarter stood at Rs 566.92 crore, up 21.1 per cent from the same quarter a year ago.
Shareholding pattern
As of 30-Jun-2024, domestic institutional investors held 3.55 per cent stake in the company, while foreign institutional investors held 11.59 per cent and the promoters 69.75 per cent.
Valuation ratio
According to BSE data, the stock traded at a P/E multiple of 89.41 and a price-to-book ratio of 18.24. A higher P/E ratio shows investors are willing to pay a higher price because of better future growth expectations. 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.
Pidilite Industries Ltd. belongs to the Diversified industry.
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