#PidiliteIndustries MD Bharat Puri explains rationale behind NBFC foray.

Watch the whole conversation: https://bit.ly/49xUM6s

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Pidilite Industries' Bharat Puri On Rationale Behind NBFC Foray | BQ Prime

Here are the stocks to watch before going into trade today.

Stocks To Watch: Pidilite Industries, Biocon, HDFC Life, Tata Power, BHEL, Power Finance, Titagarh Rail, Lupin

Pargro will be acquired by the company under a share purchase agreement.

Pidilite Industries To Set Up Lending Business By Acquiring Pargro Investments

Pidilite Industries says it “reasonably expects” a favourable outcome after it challenges the penalty at the appellate level

GST Dept Fines Rs 2.64 Lakh on Pidilite, Adhesive Maker Expects Favourable Outcome at Appellate Level - News18

Sharekhan recommended Hold rating on Pidilite Industries with a target price of Rs 2675 in its research report dated August 14, 2023.

Hold Pidilite Industries; target of Rs 2675: Sharekhan

Prabhudas Lilladher recommended hold rating on Pidilite Industries with a target price of Rs 2610 in its research report dated August 11, 2023.

Hold Pidilite Industries ; target of Rs 2610: Prabhudas Lilladher

Pidilite plans to wait 6 months to gauge market response to its paint venture. Launched in smaller towns in 3 states, it has completed its product range. Competition is heating up with new entrants & existing players enhancing capacity. CEO expects exports to take 3-6 mosnths to improve.

Pidilite will gauge the outcome of paint business venture in six months: CEO

Though demand may grow in the coming quarters, the company faces potential challenges

Pidilite Q1: Solid execution gets traction

Rural growth, which was lagging after the pandemic, has outpaced urban demand and this trend is likely to continue over the next six months led by a good monsoon, Pidilite Industries Managing Director Bharat Puri said. Moreover, as the inflationary pressure cools down after two years of volatility, …

Rural growth outpaces urban demand, trend to continue over next 6 months: Pidilite MD Bharat Puri

Stocks to watch out for today: Bata India , Sula Vineyards, LIC, Pidilite, Grasim, Hero MotoCorp, Axis Bank, Suzlon Energy Tata Power, IRCTC and more

Stocks in news: Tata Power, IRCTC, Pidilite, Suzlon Energy, LIC and more

Pidilite Industries share price: Bharat Puri, Managing Director at Pidilite Industries Ltd, said, “We started the year on a strong note with our domestic consumer businesses delivering robust volume growths. B2B, exports and international business continued to face sluggish demand conditions. A comb…

Pidilite Industries Q1 FY24 results: Profit rises 32% to Rs 474 crore; brokerage sees stock at Rs 2,649

Hasn't fared well - amongst the low performers

Performance

Seems to be overvalued vs the market average

Valuation

Lagging behind the market in financials growth

Growth

Showing good signs of profitability & efficiency

Profitability

The stock is overpriced but is not in the overbought zone

Current price is more than the intrinsic value

Fundamentals

Good time to consider, stock is not in the overbought zone

Technicals

Entry point

Promoter pledged holding

Unsolicited messages

Default probability

Red flags

Pidilite Industries Limited is engaged in the manufacture of adhesives and glues, including rubber based glues and adhesives.