Pidilite Industries trades higher after its Q2 consolidated net profit rises 18% to Rs 540.30 crore
Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel
https://t.me/InvestmentGuruIndiacom
Download Telegram App before Joining the Channel
Pidilite Industries is currently trading at Rs. 3100.35, up by 8.95 points or 0.29% from its previous closing of Rs. 3091.40 on the BSE.
The scrip opened at Rs. 3130.00 and has touched a high and low of Rs. 3219.25 and Rs. 3079.20 respectively. So far 25134 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 3414.40 on 30-Sep-2024 and a 52 week low of Rs. 2293.10 on 26-Oct-2023.
Last one week high and low of the scrip stood at Rs. 3303.00 and Rs. 3079.20 respectively. The current market cap of the company is Rs. 157771.91 crore.
The promoters holding in the company stood at 69.60%, while Institutions and Non-Institutions held 20.86% and 9.54% respectively.
Pidilite Industries has reported 19.18% rise in its net profit at Rs 542.00 crore for the quarter ended September 30, 2024 as compared to Rs 454.79 crore for the same quarter in the previous year. Total income of the company increased by 8.26% at Rs 3,049.11 crore for Q2FY25 as compared to Rs 2,816.57 crore for the corresponding quarter previous year.
On consolidated basis, the company has reported 17.83% rise in net profit at Rs 540.30 crore for Q2FY25 as compared to Rs 458.53 crore for the same quarter in the previous year. Total income of the company increased by 5.93% at Rs 3,292.03 crore for Q2FY25 as compared to Rs 3,107.63 crore for the corresponding quarter previous year.
