PIDILITE INDUSTRIES at 52 Week High; BSE 500 Index Flat

PIDILITE INDUSTRIES share price has hit a 52-week high at Rs 1,195 (down 0.4%).

Meanwhile, the BSE 500 Index is at 15,870 (up 0.4%).

Among the top gainers in the BSE 500 Index today are PIDILITE INDUSTRIES (down 6.8%) and CHAMBAL FERTILISERS (up 6.8%).

EVEREADY IND. (down 6.3%) and TECHNO ELECTRIC (down 5.2%) are among the top losers today.

Over the last one year, PIDILITE INDUSTRIES has moved up from Rs 836 to Rs 1,195, registering a gain of Rs 359 (up 38.37%).

The BSE 500 has moved up from 13,721 to 15,870, registering a gain of 2,149 points (up 15.6%) during the last 12 months.

The top gainers among the BSE 500 Index stocks during this same period were HEG LTD (up 608.1%), GRAPHITE INDIA (up 296.9%) and INDIABULLS VENTURES (up 285.6%).

What About the Benchmark Indices?

The BSE Sensex is at 38,892 (up 0.5%). The top gainers among the BSE Sensex stocks today are NTPC (up 2.2%), BHARTI AIRTEL (up 1.5%) and COAL INDIA (up 1.3%). Other gainers include VEDANTA LTD (up 1.2%) and KOTAK MAH. BANK (up 1.1%). The most traded stocks in the BSE Sensex are ITC LTD and ICICI BANK.

In the meantime, NSE Nifty is at 11,751 (up 0.5%). NTPC (up 2.2%) and GAIL (up 1.6%) are among the top gainers in NSE Nifty.

Over the last 12 months, the BSE Sensex has moved up from 31,751 to 38,892, registering a gain of 7,141 points (up 22.4%).

PIDILITE INDUSTRIES Financial Update...

PIDILITE INDUSTRIES net profit stood at Rs 2 billion for the quarter ended June 2018, compared to a profit of Rs 2 billion a year ago. Net Sales rose 18.9% to Rs 18.3 billion during the period as against Rs 15.4 billion in April-June 2017.

For the year ended March 2018, PIDILITE INDUSTRIES reported 12.2% increase in net profit to Rs 9.7 billion compared to net profit of Rs 8.6 billion during FY17.

Revenue of the company grew 2.6% to Rs 62 billion during FY18.

The current Price to earnings ratio of PIDILITE INDUSTRIES, based on rolling 12 month earnings, stands at 59.9x.

This article was originally published in English at www.equitymaster.com

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