Pidilite Industries is currently trading at Rs. 1513.35, up by 13.60 points or 0.91% from its previous closing of Rs. 1499.75 on the BSE.
The scrip opened at Rs. 1540.00 and has touched a high and low of Rs. 1544.00 and Rs. 1507.45 respectively. So far 50012 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 1,544.00 on 30-Jan-2020 and a 52 week low of Rs. 1048.85 on 18-Feb-2019.
Last one week high and low of the scrip stood at Rs. 1544.00 and Rs. 1438.90 respectively. The current market cap of the company is Rs. 77258.33 crore.
The promoters holding in the company stood at 69.98%, while Institutions and Non-Institutions held 19.52% and 10.50% respectively.
Pidilite Industries has received an approval for a restructuring proposal whereby the company shall, for operational convenience and synergies, acquire the business of wholly owned entity, Nitin Enterprise (a partnership firm having two partners which are wholly owned subsidiaries of the company) on a slump sale basis for a cash consideration of an amount not exceeding Rs 18.50 crore, subject to necessary approvals.
The Board of Directors at its meeting held on January 29, 2020, approved the same.
Pidilite Industries is a well-known name in the adhesives market. The company has diversified into various segments such as adhesives and sealants, construction and paint chemicals, automotive chemicals, art materials, industrial adhesives, industrial and textile resins and organic pigments and preparations.
Company Name | CMP |
---|---|
Tata Chemicals | 1114.70 |
SRF | 2619.70 |
Pidilite Inds. | 2921.00 |
Aarti Inds | 742.00 |
Gujarat Fluorochemic | 3730.00 |
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