Pidilite Ind share price down 0.01 per cent

The scrip has climbed 0.8 per cent in the last one year till date, while the 30-share index has gained 3.04 per cent during the same period.

The stock’s 52-week high price stood at Rs 2764.6 and the 52-week low price at Rs 2040.0.

Trading volume on the counter stood at 5,191 shares, while it quoted a price-to-earnings ratio of 88.87, an EPS value of 23.76 and a price-to-book value of 19.49. In the Nifty50 pack, 39 stocks traded in the green, while 11 stocks were in the red.

Promoter/FII Holding
Promoters held 69.94 per cent stake in the company as of 31-Mar-2022, while overseas investor and MF ownership stood at 11.57 per cent and 4.0 per cent, respectively.

Key Financials
For the quarter ended 31-Mar-2022, the company reported consolidated sales of Rs 2518.21 crore, down 11.82 per cent from the previous quarter’s Rs 2855.89 crore and down 11.78 per cent from the year-ago quarter’s Rs 2252.85 crore. The company reported net profit of Rs 254.35 crore for the latest quarter.

Technical Indicators

The MACD signalled a bullish bias on the counter. The MACD is known for signalling trend reversals in traded securities or indices. It is the difference between the 26-day and 12-day exponential moving averages. A nine-day exponential moving average, called the signal line, is plotted on top of the MACD to reflect “buy” or “sell” opportunities. When the MACD crosses below the signal line, it gives a bearish signal, indicating that the price of the security may see a downward movement and vice versa.