Share Rs. 3232.3 to 52 week high and Rs. 2293.1 was quoted as low as Rs. The return on equity for the stock was 20.56 percent. About 21,915 shares have changed hands on the counter so far.
The stock’s beta value, which measures its volatility relative to the broader market, was 1.04.
The scrip has been an underperformer, rising 19.41 per cent, compared to the Sensex’s gain of 23.49 per cent in the last one year.
Technicals
On the technical chart, the stock’s 200-day moving average (DMA) on June 24 was Rs. 2293.1, while the 50-DMA was Rs. was at 3005.09. If a stock trades well above the 50-DMA and 200-DMA, it usually means that the immediate trend is up. On the other hand, if the stock trades well below both the 50-DMA and 200-DMA, it is considered a bearish trend and if it trades between these averages, it indicates that the stock could go either way.
Promoter/FII holding
As on 31-Mar-2024 the promoters held 68.58 per cent stake in Pidilite Industries Ltd. Mutual funds and foreign institutional investors accounted for 3.6 percent and 11.31 percent.
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