Monday 1 February 2016

Pidilite Industries clocks 2% gains on the counter; Q3 net profit sees 49% jump

The company has posted a net profit at Rs. 1,857.20 mn for the quarter ended December 31, 2015 compared with Rs. 1,243.60 mn for the quarter ended December 31, 2014.


Pidilite Industries
Pidilite Industries was up 2% at Rs. 576. The company has posted a net profit at Rs. 1,857.20 mn for the quarter ended December 31, 2015 compared with Rs. 1,243.60 mn for the quarter ended December 31, 2014.

The scrip opened at Rs. 583 and has touched a high and low of Rs. 583 and Rs. 570.85 respectively. So far 218102 (NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs. 29030.24 crore.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 637.55 on 20-Mar-2015 and a 52 week low of Rs. 507.5 on 25-Aug-2015. Last one week high and low of the scrip stood at Rs. 575 and Rs. 538.6 respectively.

The promoters holding in the company stood at 69.73%, while Institutions and Non-Institutions held 19.42% and 10.85% respetively.

The stock is currently trading below its 200 DMA.

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