Pidilite Industries gains for fifth straight day; hits new high

In the past six months, Pidilite Industries has outperformed the market by surging 33 per cent, as compared to 11 per cent rise in the S&P BSE Sensex

Pidilite Industries shares were trading higher for the fifth straight day, up 1.4 per cent, at Rs 1,294 on the BSE on Thursday in an otherwise subdued market.

The stock was trading at its new high and hsa rallied 6 per cent in the past one week. In comparison, the benchmark S&P BSE Sensex was up 1 per cent during the week. In the past six months, the specialty chemicals company has outperformed the market by surging 33 per cent, as compared to 11 per cent rise in the benchmark index.

The strong rally in the stock has seen Pidilite