Pidilite Industries touches 52-week high on reporting 51% rise in Q3 consolidated net

30 Jan 2013

Pidilite Industries is currently trading at Rs 232.00, up by 16.40 points or 7.61% from its previous closing of Rs 215.60 on the BSE.

The scrip opened at Rs. 220.00 and has touched a high and low of Rs 240.00 and Rs 219.00 respectively. So far 226313 shares were traded on the counter.

The BSE group 'A' stock of face value Re 1 has touched a 52 week high of Rs 240.00  on 09-Jan-2013 and a 52 week low of Rs 133.55 on 02-Feb-2012.

Last one week high and low of the scrip stood at Rs 240.00 and Rs 211.00 respectively. The current market cap of the company is Rs. 11521.64 crore.

The promoters holding in the company stood at 70.06% while Institutions and Non-Institutions held 18.52% and 11.41% respectively.

Pidilite Industries has reported results for third quarter ended December 31, 2012.

The company has reported 67.17% rise in its net profit at Rs 124.19 crore for the quarter as compared to Rs 74.29 crore for the same quarter in the previous year.  Total income of the company has increased by 21.33% at Rs 853.91 crore for quarter under review as compared to Rs 703.80 crore for the quarter ended December 31, 2011.

On consolidated basis, the company has reported 51.33% rise in its net profit at Rs 118.99 crore for the quarter ended December 31, 2012 as compared to Rs 78.63  crore for the same quarter in the previous year. Total income of the company has increased by 20.77% at Rs 950.76 crore for quarter under review as compared to Rs 787.23 crore for the quarter ended December 31, 2011.

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