Pidilite Inds advances on strong Q3 earnings

Image
Capital Market
Last Updated : Jan 25 2018 | 10:04 AM IST

Don't want to miss the best from Business Standard?

Pidilite Industries advanced 1.73% to Rs 893.25 at 9:48 IST on BSE after consolidated net profit rose 18% to Rs 239.14 crore on 15.6% growth in net sales to Rs 1542.90 crore in Q3 December 2017 over Q3 December 2016.

The result was announced after market hours yesterday, 24 January 2018.

Meanwhile, the S&P BSE Sensex was down 57.85 points or 0.16% at 36,103.79.

On the BSE, 12,000 shares were traded on the counter so far as against average daily volumes of 1.50 lakh shares in the past one quarter. The stock had hit a high of Rs 899.95 and a low of Rs 885 so far during the day. The stock had hit a record high of Rs 972 on 26 December 2017 and a 52-week low of Rs 632.75 on 24 January 2017.

The large-cap company has equity capital of Rs 51.28 crore. Face value per share is Rs 1.

Pidilite Industries is a leading manufacturer of adhesives, sealants, waterproofing solutions and construction chemicals to arts & crafts, industrial resins, polymers, etc.

Powered by Capital Market - Live News

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Jan 25 2018 | 9:43 AM IST

Next Story