Pidilite Ind share price: Pidilite Ind share price drops 2.09% as Sensex climbs

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The shares of Pidilite Industries Ltd. fell 2.09% to Rs 2,422.0 at 1:57 p.m. (IST) on Friday. Earlier today, the title saw a gap at the start of the session.

According to the data available on BSE, the total quantity traded over the counter was 18,841 shares with a turnover of Rs 4.58 crore until 1:57 p.m. (IST). The stock traded at a price / earnings (P / E) multiple of 91.68, while the price-to-book ratio stood at 16.45.

The return on equity (ROE) was 20.31%, according to stock exchange data. The stock hit an intraday high of Rs 2,490.0 and a low of Rs 2,397.55 during the session and listed a 52-week high of Rs 2,531.9 and a 52-week low of Rs 1501.6.

The stock’s beta value, which measures its volatility relative to the overall market, was 1.04.

Technical indicators

The 200-DMA (Daily Moving Average) for the stock stood at Rs 2,082.06 on November 12, while the 50-DMA was at Rs 2,392.64. If a stock is trading above 50-DMA and 200-DMA, it usually means that the immediate trend is up. On the other hand, if the stock is trading below 50-DMA and 200-DMA, it is considered a downtrend. If it is trading between 50-DMA and 200-DMA, it suggests that the action can go either way.

The Relative Strength Index (RSI) of was 53.81. The RSI fluctuates between zero and 100. Traditionally, a stock is considered overbought when the value of the RSI is above 70 and oversold when it is below 30.

Holding promoter

As of September 30, 2021, promoters held 69.99% of the company’s capital, while FIIs held 11.78% and domestic institutional investors 7.3%.

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