PIDILITE INDUSTRIES SHARE PRICE

About Pidilite Industries ;

Pidilite Industries Ltd., incorporated in the year 1969, is a Large Cap company (having a market cap of Rs 127,568.15 Crore) operating in Diversified sector. Pidilite Industries Ltd. key Products/Revenue Segments include Consumer Family Products, Scrap, Export Incentives and Other Operating Revenue for the year ending 31-Mar-2021.

Overview:

1)Materials:    Diversified Chemicals

2) Large Cap:   With a market cap of ₹1,25,186 cr, stock is ranked 41

3) Risk:     Moderate Risk (Stock is 1.54x as volatile as Nifty)

4) 52 week:    Low- 1681,  High- 2764.70, & Current Price- 2518.85. 

 

Fundamental Analysis:

Pidilite Industries Share Price

For the quarter ended 31-12-2021, the company has reported a Consolidated Total Income of Rs 2,855.89 Crore, up 8.17 % from last quarter Total Income of Rs 2,640.25 Crore and up 23.13 % from last year same quarter Total Income of Rs 2,319.40 Crore. Company has reported net profit after tax of Rs 355.51 Crore in latest quarter.

Deliveries: Last trading day stock delivery percentage  48.87 %

Overview:

1) P/E Ratio: 101.29

2) EPS- TTM : 24.78

3) PB Ratio: 21.46

4) Returns: 1 week 6.83%, 1 month 2.6%, 3 month 4.97% and 1 year 45.65%

5) Shareholding Pattern:

Promoters:   69.98   Pledge 0.00

FII:   11.66

DII:   7.49 Mutual Fund: 4.42

Others: 10.87

 

What Is Fundamental Analysis?

Fundamental Analysis is the statistical method of performing fundamental analysis. It can help to learn the patterns in the historical data and applying it to the future. Essentially, it involves taking a look at the fundamental drivers of the stock and value of a stock. Using such methods, a very good analyst could make an astonishing return for his/her clients. However, there are several different methods of Fundamental Analysis depending on your personality and skill set. The common fundamental ways are Fundamental Indexing, fundamental Dividend Yield and Fundamental Discounted Cash Flow analysis. Fundamental Indexing When you buy a stock, you simply buy the whole company.

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Technical Analysis:

Moving average (on daily chart):

Pidilite Industries: Stock currently trading at Rs. 2518.85  which is above of  50, 100 & 200 days moving average.

Moving average crossover (on daily chart): 

Short term: 20 & 5 SMA crossover-bullish

Medium term: 20 & 50 SMA crossover-bearish

Long term: 50 & 200 SMA crossover- bullish

Indicators (on daily chart):

RSI (14): RSI is 78.08 i.e neutral

MACD (12,26,9): MACD recommendation is Neutral

What is Technical Analysis and How Does it Work?

1. Introduction to Technical Analysis:

Technical analysis charts study the charts of a security for forecasting its price movement either in the short-term or long-term.

Technical analysis charts study the charts of a security for forecasting its price movement either in the short-term or long-term. One way to do this is through chart patterns on a stock’s price and volume. Chart patterns are formations that appear on a stock’s chart, which can signal when it will change direction.

There are many different types of chart patterns, but they all have one thing in common: They identify an entry point into a trade where an investor can make money by identifying when stocks will change direction.

2. Meaning of Charts and Patterns in Technical Analysis:

Technical analysis Charts is a way of forecasting the future value and movements of financial instruments or currencies by analysing statistics generated by price movements over time.

Technical analysis charts are trained to recognize patterns in the market that indicate what might happen next. It is a good idea to get acquainted with some basic patterns as they can serve as an indicator for future price movement.

Patterns like are Head and Shoulders, Flags, Pennants, Triangle, and Rectangle patterns will be discussed in this section.

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Strengths:

1)  Company has been maintaining healthy ROE of 24.17% over the past 3 years.

2)  Company has been maintaining healthy ROCE of 32.82% over the past 3 years.

3)  Company is virtually debt free.

4) Company has a healthy Interest coverage ratio of 86.73.

5)   The Company has been maintaining an effective average operating margins of 23.24% in the last 5 years.

6)  The company has an efficient Cash Conversion Cycle of 51.86 days.

7)  The company has a high promoter holding of 69.98%.

Limitations:

1)  The company has shown a poor revenue growth of 5.10% for the Past 3 years.

2)  The company has shown a poor profit growth of 4.23% for the Past 3 years.

3)  The company is trading at a high PE of 104.

4)  The company is trading at a high EV/EBITDA of 69.46.

 

Entry Point: Good time to consider, as stock is not in overbought zone.

Short term target: The short term target (2 months to 6 month) for PIDILITE Share Price:

Target 1: Rs.2600 (one month)

Target 2: Rs.2686 (2-3 months)

Target 3: Rs.2800 (6 months)

 

Stop loss:

Stop Loss : Rs. 2400

About The Post 

Through this article, I shared with you some information about Pidilite Industries Share Price If you like this article then share with your friends so that they can plan trading or long term investment from today. Apart from this if you have any problem or suggestion or feedback, then email me. I will try to help you.

Disclaimer

Stock Analysis by R.S ANSARI

Source: ETmarkets, NSE, Tickertape & Ticker.finology.in