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    Pidilite Ind declines 0.99% as Sensex climbs

    Synopsis

    The stock traded at a P/E multiple of 95.0, while the price-to-book value ratio stood at 19.49.

    Stock market-1200ThinkStock Photos
    Shares of Pidilite Industries Ltd. traded at Rs 2426.0 on BSE at 12:20PM (IST) on Tuesday, down 0.99 per cent from previous close.

    The stock quoted a 52-week low price of Rs 1988.6 and a high of Rs 2916.85.

    Earlier, shares of the company saw a gap down opening in the morning.

    A total of 12,894 lakh shares changed hands on the counter till 12:20PM (IST).

    The stock of Pidilite Industries Ltd. commanded a market value of Rs 123389.57 crore, according to BSE.

    The stock traded at a price-to-earning (P/E) multiple of 95.0, while the price-to-book value ratio stood at 19.49. Return on equity (ROE) was at 18.95 per cent, according to exchange data.

    In the BSE500 pack, 226 stocks traded in the green, while 275 stocks were in the red.

    The stock's beta value, which measures volatility in relation to the broader market, stood at 1.04.

    Promotor/FII Holding
    Promoters held 68.69 per cent in Pidilite Industries Ltd. as of 30-Jun-2022 while foreign and domestic institutional investors owned 11.13 per cent and 3.97 per cent, respectively.

    Moving averages
    The 200-DMA of the stock stood at 2494.9 on January 17, while the 50-DMA was at 2620.45. If a stock trades below 50-DMA and 200-DMA, it usually means the immediate trend is upward. On the other hand, if the stock trades below 50-DMA and 200-DMA, it is considered as bearish trend and if trades between 50-DMA and 200-DMA, then it suggests the stock can go either way.



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    (What's moving Sensex and Nifty Track latest market news, stock tips and expert advice, on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds .)

    Download The Economic Times News App to get Daily Market Updates & Live Business News.

    Subscribe to The Economic Times Prime and read the Economic Times ePaper Online.and Sensex Today.

    Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price

    ...more
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