/ Pidilite Industries Drops Down By More Than 1% OI Spurt Of 29.84% ~ Ways2Capital|Stock Tips|Stock Market Tips|Intraday Stock Tips|Stock Trading Tips|NSE BSE Tips

Friday, 27 January 2017

Pidilite Industries traded down through out the early hours of the trading session on Friday, even as the broader markets rallied, with almost all the sectoral indices trading in green, actually trading at 681 odd levels, down by Rs 8.45 per share or 1.23%.

The company is expected to come out with its Q3 results on February 1, and as of now the stock prices are reacting to the results expectations. Pidilite Industries Limited is an Indian multinational adhesives manufacturing company that also manufactures some famous products i.e Fevicol and its range of adhesives.

Pidilite Industries Ltd is currently trading at Rs 677.5, down by Rs 8.65 or 1.26% from its previous closing of Rs 686.15 on the BSE. The scrip opened at Rs 690 and has touched a high and low of Rs 694.45 and Rs 676.2 respectively. So far 515824(NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs 35177.22 crore.

The BSE group 'A' stock of face value Rs 1 has touched a 52 week high of Rs 769.5 on 29-Jul-2016 and a 52 week low of Rs 545 on 27-Jan-2016. Last one week high and low of the scrip stood at Rs 689.2 and Rs 624.8 respectively.

The promoters holding in the company stood at 69.59 % while Institutions and Non-Institutions held 19.27 % and 11.14 % respectively. The stock is currently trading above its 200 DMA.

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