PIDILITE INDUSTRIES at All Time High; BSE FMCG Index Up 0.2%
December 23, 2020 09:26 AM

PIDILITE INDUSTRIES share price has hit an all-time high at Rs 1,758 (up 2.2%).

Meanwhile, the BSE FMCG Index is at 12,318 (up 0.2%).

Among the top gainers in the BSE FMCG Index today are PIDILITE INDUSTRIES (up 2.2%) and NESTLE (up 0.3%).

BALRAMPUR CHINI and HUL are among the top losers today.

Over the last one year, PIDILITE INDUSTRIES has moved up from Rs 1,377 to Rs 1,758, registering a gain of Rs 381 (up 27.6%).

The BSE FMCG has moved up from 11,447 to 12,318, registering a gain of 871 points (up 7.5%) during the last 12 months.

The top gainers among the BSE FMCG Index stocks during this same period were ADVANCED ENZYME TECHNOLOGIES (up 94.8%), TATA CONSUMER PRODUCTS (up 83.3%) and E.I.D. PARRY (up 57.1%).

What About the Benchmark Indices?

The BSE Sensex is at 46,072 . The top gainers among the BSE Sensex stocks today are INFOSYS (up 1.2%), TECH MAHINDRA (up 0.7%) and HCL TECHNOLOGIES (up 0.7%). Other gainers include TCS (up 0.6%) and BAJAJ FINANCE (up 0.5%). The most traded stocks in the BSE Sensex are INFOSYS and HCL TECHNOLOGIES.

In the meantime, NSE Nifty is at 13,517 (up 0.3%). The top gainers in the NSE Nifty include WIPRO (up 3.2%), INFOSYS (up 2.0%) and HCL TECHNOLOGIES (up 1.6%). Other gainers include M&M (up 1.4%) and TECH MAHINDRA (up 1.2%).

Over the last 12 months, the BSE Sensex has moved up from 41,643 to 46,072, registering a gain of 4,429 points (up 10.5%).

PIDILITE INDUSTRIES Financial Update...

PIDILITE INDUSTRIES net profit stood at Rs 4 billion for the quarter ended September 2020, compared to a profit of Rs 3 billion a year ago. Net Sales declined 2.4% to Rs 18.8 billion during the period as against Rs 19.3 billion in July-September 2019.

For the year ended March 2020, PIDILITE INDUSTRIES reported 20.9% increase in net profit to Rs 11.2 billion compared to net profit of Rs 9.3 billion during FY19.

Revenue of the company grew 3.0% to Rs 73 billion during FY20.

The current Price to earnings ratio of PIDILITE INDUSTRIES, based on rolling 12 month earnings, stands at 102.4x.