PIDILITE INDUSTRIES share price has plunged 5% and is presently trading at Rs 1,599.
Meanwhile, the BSE FMCG Index is at 9,506 (down 2.0%).
Among the top losers in the BSE FMCG Index today are PIDILITE INDUSTRIES (down 5.0%) and NESTLE (down 6.9%).
ITC (up 1.7%) and P&G HYGIENE (up 0.7%) are among the top gainers today.
Over the last one year, PIDILITE INDUSTRIES has moved up from Rs 1,175 to Rs 1,599, registering a gain of Rs 424 (up 36.1%)..
The BSE FMCG has moved down from 11,657 to 9,506, loss of 2,151 points (down 18.5%) during the last 12 months.
The top gainers among the BSE FMCG Index stocks during this same period were TATA CONSUMER PRODUCTS (up 31.5%), NESTLE (up 29.4%) and GSK CONSUMER (up 22.0%).
Revealed: 3 Stocks for Potentially Massive Gains
The BSE Sensex is at 31,102 (down 4.7%). The top gainers among the BSE Sensex stocks today are ITC (up 1.7%) and TCS (up 1.6%). The most traded stocks in the BSE Sensex are ITC and TCS.
In the meantime, NSE Nifty is at 9,128 (down 4.3%). ZEE ENTERTAINMENT (up 9.5%) and YES BANK (up 6.1%) are among the top gainers in NSE Nifty.
Over the last 12 months, the BSE Sensex has moved down from 38,095 to 31,102, registering a loss of 6,993 points (down 23.50%).
PIDILITE INDUSTRIES net profit stood at Rs 3 billion for the quarter ended December 2019, compared to a profit of Rs 2 billion a year ago. Net Sales rose 4.2% to Rs 19.3 billion during the period as against Rs 18.5 billion in October-December 2018.
For the year ended March 2019, PIDILITE INDUSTRIES reported 3.9% decrease in net profit to Rs 9.3 billion compared to net profit of Rs 9.7 billion during FY18.
Revenue of the company grew 13.8% to Rs 71 billion during FY19.
The current Price to earnings ratio of PIDILITE INDUSTRIES, based on rolling 12 month earnings, stands at 62.8x. p >
What else is happening in the markets today? Dig in...
RAIN INDUSTRIES share price is trading down by 6% and its current market price is Rs 164. The BSE 500 is down by 2.6%. The top gainers in the BSE 500 Index are JUBILANT PHARMOVA (up 6.2%) and IPCA LABS (up 5.3%). The top losers are RAIN INDUSTRIES (down 5.8%) and BAJAJ FINANCE (down 5.1%).
Asian stock markets are trading on a cautious note today as investors wait to see if US earnings can justify sky-high valuations.
VOLTAS share price is trading down by 6% and its current market price is Rs 994. The BSE CONSUMER DURABLES is down by 4.0%. The top losers are VOLTAS (down 6.2%) and SYMPHONY (down 5.9%).
VA TECH WABAG share price is trading down by 7% and its current market price is Rs 254. The BSE CAPITAL GOODS is down by 3.7%. The top losers are VA TECH WABAG (down 6.9%) and HEG (down 7.8%).
SHRIRAM TRANSPORT share price is trading down by 8% and its current market price is Rs 1,412. The BSE 500 is down by 3.2%. The top gainers in the BSE 500 Index are GSK CONSUMER (up 5.1%) and JUBILANT PHARMOVA (up 5.0%). The top losers are SHRIRAM TRANSPORT (down 8.0%) and BAJAJ FINANCE (down 6.4%).
J&K BANK share price is trading down by 6% and its current market price is Rs 26. The BSE BANKEX is down by 4.3%. The top losers are J&K BANK (down 6.5%) and INDUSIND BANK (down 8.2%).
View More Indian Share Market NewsIn this video, I'll tell you why I am recommending caution in the market at this time.
A tiny chemical company, started in the Licence Raj era, is a great example of a new wealth creating opportunity.
In this video I'll show you exactly how I go about picking stocks for trading.
100 baggers of the last decade share this common trait. Here's how to use it to nail future multibaggers.
More
Equitymaster requests your view! Post a comment on "PIDILITE INDUSTRIES Plunges by 5%; BSE FMCG Index Down 2.0%". Click here!
Comments are moderated by Equitymaster, in accordance with the Terms of Use, and may not appear
on this article until they have been reviewed and deemed appropriate for posting.
In the meantime, you may want to share this article with your friends!