Pidilite Industries hits fresh high ahead of board meet; up 26% in 3 months

The company has fixed March 16, 2020, as the record date to determine /ascertain the members entitled to receive the interim dividend.

Shares of Pidilite Industries hit a record high of Rs 1,645, up 4 per cent, on the BSE on Thursday ahead of its scheduled board meeting today to consider interim dividend for the financial year 2019-2020. The stock surpassed its previous high of Rs 1,609 touched on February 14, 2020.

The company has fixed March 16, 2020 as the record date to determine /ascertain the members entitled to the receive interim dividend. The stock will turn ex-dividend on March 13, BSE data shows.

One of the leading manufacturers of adhesives, sealants, construction chemicals, consumer adhesive, and specialty chemicals, Pidilite outperformed