Pidilite Ind Share Price: Share price of Pidilite Ind as Sensex drops 1459.3 points
Share price of Pidilite Industries Ltd. 1.73 per cent to Rs 3104.95 at 11:21AM (IST) in Monday’s trade. The counter hit a high of Rs 3159.00 and low of Rs 3090.95 so far during the session. The stock had closed at Rs 3159.80 in the previous session.
The counter had a total traded volume of 11:21AM shares so far with a turnover of Rs 1.56 crore on BSE. The stock traded at a price-to-earnings multiple of 82.58 and a price-to-book ratio of 18.24.
A higher price-to-earnings ratio shows investors are willing to pay a higher price for per rupee earnings given by the stock because of better future growth expectations.
The price-to-book value indicates the inherent value of a company and is the measure of the price that investors are ready to…