Pidilite Industries is currently trading at Rs. 1577.95, up by 59.60 points or 3.93 % from its previous closing of Rs. 1518.35 on the BSE.
The scrip opened at Rs. 1534.75 and has touched a high and low of Rs. 1589.75 and Rs. 1527.20 respectively. So far 37892 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 1709.85 on 11-Mar-2020 and a 52 week low of Rs. 1186.05 on 25-Mar-2020.
Last one week high and low of the scrip stood at Rs. 1589.75 and Rs. 1465.00 respectively. The current market cap of the company is Rs. 79116.15 crore.
The promoters holding in the company stood at 70.19%, while Institutions and Non-Institutions held 19.57% and 10.24% respectively.
Pidilite Industries has received approval from Board of Directors for acquiring 100% stake in Huntsman Group’s (USA) subsidiaries in India namely ‘Huntsman Advanced Materials Solutions’ (HAMSPL). This is for a cash consideration of approximately Rs 2100 crore, excluding customary working capital and other adjustments, subject to certain preconditions being met prior to the closing of the transaction.
HAMSPL manufactures and sells Adhesives, Sealants and other products under well-known brands such as Araldite, Araldite Karpenter and Araseal in India.
Pidilite Industries is a well-known name in the adhesives market.
Company Name | CMP |
---|---|
Tata Chemicals | 1121.90 |
SRF | 2651.90 |
Pidilite Inds. | 2970.25 |
Aarti Inds | 755.35 |
Gujarat Fluorochemic | 3686.70 |
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