Pidilite Industries is currently trading at Rs. 560.00, up by 7.15 points or 1.29% from its previous closing of Rs. 552.85 on the BSE.
The scrip opened at Rs. 550.00 and has touched a high and low of Rs. 563.00 and Rs. 549.25 respectively. So far 19,000 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 637.55 on 20-Mar-2015 and a 52 week low of Rs. 376.20 on 16-Oct-2014.
Last one week high and low of the scrip stood at Rs. 568.00 and Rs. 548.10 respectively. The current market cap of the company is Rs. 28,709.00 crore.
The promoters holding in the company stood at 69.74% while Institutions and Non-Institutions held 19.76% and 10.50% respectively.
Pidilite Industries’ Construction Chemicals Division (CCD) is planning to expand its footprint in the emerging Asian and African markets. In this regard, the company will acquire well managed businesses that will help it to expand its business locally. Currently, the company has wholly-owned subsidiaries in Thailand, the UAE and Singapore.
Pidilite Industries has diversified in various segments such as adhesives and sealants, construction and paint chemicals, automotive chemicals, art materials, industrial adhesives, industrial and textile resins and organic pigments and preparations. It has created brands like Fevicol, Dr Fixit, Cyclo, hobby ideas, Roff and M-Seal.
