Meanwhile, the S&P BSE Sensex was down 248.45 points or 0.67% at 37,070.08
On the BSE, 1.03 lakh shares were traded on the counter so far as against average daily volumes of 72,000 shares in the past two weeks. The stock had hit a high of Rs 1,172.45 and a low of Rs 1,090 so far during the day.
Pidilite Industries reported 3.67% fall in consolidated net profit to Rs 235.14 crore on 10.3% rise in total income to Rs 1696.61 crore in Q4 March 2019 over Q4 March 2018.
Commenting on the quarter performance, Bharat Puri, Managing Director, Pidilite Industries said while Q4 March 2019 has seen some moderation in growth as a result of slower near term market growth, the company has delivered double digit volume growth for the year. While gross margins have improved sequentially, they still remain below last year as a result of input cost inflation and rupee depreciation.
Pidilite Industries is a leading manufacturer of adhesives and sealants, construction chemicals, craftsmen products, DIY (Do-It-Yourself) products and polymer emulsions in India.
Powered by Capital Market - Live News
Indiabulls Ventures Limited. [Corporate Identification Number for IVL: L74999DL1995PLC069631]
SEBI Reg No: INZ000007534 | NSE Membership No: 08756 [CM, FNO, CDS] | BSE Membership No: 907 [CM, FNO]
Indiabulls Securities Limited (Formerly known as Indiabulls Commodities Limited) [Corporate Identification Number for ISL: U74999DL2003PLC122874]
SEBI Reg No: INZ000036136 | MCX: MEMBER CODE: 12835 | NCDEX: MEMBER CODE: 10
Registered office address: M - 62 & 63, First Floor, Connaught Place, New Delhi - 110001.
Correspondence office address: Indiabulls House, 448 – 451, Udyog Vihar, Phase – V, Gurgaon – 122016, Haryana.
Site best viewed in IExplorer 10+ | Chrome | Firefox
Filing of complaints on SCORES – Easy & quick