Pidilite Industries

Asian Paints has regained momentum and is set to maintain its dominance after outperforming the industry in the September quarter, Nuvama said

Pidilite Industries expects a "double digit underlying volume growth' in the second half of the current fiscal, helped by its growth brand steps, along with product innovation and marketing initiatives, its Managing Director Sudhanshu Vats has said. The company expects to continue the momentum in H2 with a higher Ebitda (earnings before interest, taxes, depreciation, and amortisation), as input costs remain benign, Vats said in a post-earnings virtual media roundtable. "We see momentum to continue. Therefore, the underlying double-digit volume growth that we delivered in the first half, we want to continue with that momentum into the second half," said Vats while replying to a query from PTI. The company, which manufactures adhesives, sealants and construction chemicals, had last week reported 9.8 per cent growth in its consolidated net sales to Rs 3,540 crore for the September quarter. Moreover, its Ebitda increased by 24 per cent. The maker of Fevicol, M-Seal, Fevikwik, Dr Fixit,

Pidilite Industries on Thursday reported an 8.2 per cent rise in consolidated net profit to Rs 584.6 crore in the second quarter ended September 30. The company had posted a consolidated net profit of Rs 540.3 crore in the second quarter of the last fiscal, Pidilite Industries, manufacturer of adhesives, sealants and construction chemicals, according to a regulatory filing. Its consolidated revenue from operations in the second quarter stood at Rs 3,554.44 crore against Rs 3,234.91 crore in the year-ago period, it added. The total expenses in the quarter under review stood at Rs 2,816.94 crore compared to Rs 2,565.71 crore a year ago, the company said. Pidilite Industries Managing Director Sudhanshu Vats said the company delivered double-digit underlying volume growth with sequential improvement and healthy operating margins, even in a challenging macro-economic environment. "As we look ahead, we remain optimistic. The domestic operating environment is expected to improve, aided b

Pidilite Industries share price has gained 13.1 per cent in the last six months. In comparison, BSE Sensex has gained a little over 10 per cent during the same period.

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The changes will be effective from April 10 after the completion of the current term of managing director Bharat Puri

Trent is seen testing its 20-month moving average after 10 years, and Pidilite after 15 years; technical charts suggest a pullback in these 5 stocks as long as key support levels are respected.

Among the key themes identified in the report is the growing importance of rural markets. Nuvama expects companies with a stronger rural exposure to outpace urban-focused peers in the next 2 quarters

Pidilite said there is no material impact on financials, operations or other activities of the company due to the tax order

Revenue in the consumer and bazaar segment, which accounts for about 80 per cent of Pidilite's revenue, grew 5.2 per cent, while the business-to-business segment rose about 19 per cent

The company reported a consolidated net profit of Rs 552 crore ($64 million) for the three months ended Dec. 31, compared to analysts' expectation of Rs 591 crore

Pidilite Industries shares hit an intraday of Rs 3219.25 a piece, rising 4.13 per cent on the BSE

Pidilite Industries Ltd on Wednesday reported an increase of 17.83 per cent in consolidated net profit at Rs 540.30 crore for the second quarter ended September 30, 2024 helped by benign input prices and volume growth. The company, which manufactures adhesives, sealants and construction chemicals, had logged a profit of Rs 458.53 crore in the July-September period a year ago, the company said in a regulatory filing. Its revenue from operations was up 5.16 per cent at Rs 3,234.91 crore during the quarter under review. It was at Rs 3,076.04 crore in the corresponding quarter a year ago. Pidilite Industries' total expenses was at Rs 2,565.71 crore, up 3.26 per cent in the September quarter. Total income of Pidilite Industries, which includes other income, was up 5.93 per cent to Rs 3,292.03 crore. The current quarter's revenue growth is aided by a UVG (Underlying Volume Growth) of 8 per cent, said Pidilite Industries in its earnings statement. "Input prices remained benign, resultin

After ICICI and Wockhardt; M&M, Dr.Reddy's and Pidilite are the latest company names to be dragged in the Congress versus Sebi chief controversy. Here's a technical outlook on these stocks.

According to Nielsen, the consumer sector grew 4% Y-o-Y in Q1FY25, down from 6.6% in Q4FY24. Pricing saw a marginal increase of approximately 0.2 per cent, while volumes rose 3.8% Y-o-Y.

In general stocks trading above the key moving averages such as the 20-, 50-, 100- and 200-DMAs are considered trading with a bullish bias and vice versa.

The northward move in the company's share is attributed to its strong financial results for the first quarter of FY25, reported on Wednesday, August 7, 2024

During the April-June quarter, India witnessed a booming manufacturing sector activity as output increased on robust demand

Asia-Pacific markets were buzzing ahead of the Reserve Bank of Australia's rate decision