Pidilite Industries stock has lost 10.5% in a year and slipped 9.15% in 2023. The stock opened with a loss of 2.98% at Rs 2311.30 on BSE. 
Special 
Pidilite Industries stock has lost 10.5% in a year and slipped 9.15% in 2023. The stock opened with a loss of 2.98% at Rs 2311.30 on BSE. Shares of Fevicol maker Pidilite Industries fell over 3% in early trade after the firm reported its earnings for the quarter ended December 2022. Pidilite Industries stock slipped 3.1% at Rs 2308 today against the previous close of Rs 2382 on BSE. The stock has been falling for the last two sessions. Market cap of Pidilite fell to Rs 1.17 lakh crore on BSE. Total 0.22 lakh shares changed hands amounting to a turnover of Rs 5.23 crore on BSE. The stock hit a 52-week low of Rs 1988.60 on June 17, 2022 and a 52-week high of Rs 2,916 on September 15, 2022 on BSE.
The large cap stock has lost 10.5% in a year and slipped 9.15% in 2023. The stock opened with a loss of 2.98% at Rs 2311.30 on BSE.
In terms of technicals, the relative strength index (RSI) of Pidilite Ltd stands at 31.9, signaling it's neither oversold nor undersold. Pidilite stock has a one-year beta of 0.8, indicating low volatility during the period. Pidilite Industries stock is trading lower than the 5-day, 20-day, 50-day, 100-day and 200-day moving averages.
In the third quarter of the current fiscal, Pidilite reported a 17.39% fall in its standalone net profit at Rs 296.26 crore against a net profit of Rs 358.61 crore in the corresponding period of the previous fiscal. However, sales rose 4.87% to Rs 2709 crore in Q3 of this fiscal against Rs 2583 crore in the December quarter of the previous fiscal. Pidilite, known for its synthetic resin adhesive Fevicol and waterproofing product Dr. Fixit, reported a 4.7% rise in cost of raw materials.
In the second quarter, Pidilite reported a 11.27% fall in its consolidated net profit at Rs 332.44 crore against a net profit of Rs 374.65 crore in the corresponding period of the previous fiscal.
Pidilite Industries is engaged in the manufacturing of adhesives, sealants, waterproofing solutions and construction chemicals, arts & crafts, industrial resins and polymers.
Also read: Tata Motors, DLF, SBI Cards: What should be your strategy amid Q3 results
Mazagon Dock shares jumps 10% ahead of dividend record date; Check all details here 
HUDCO, Marico & Poonawalla Fincorp: Axis Securities shares 3 weekly 'Buy' calls 
FY26 won’t be easy: Equentis Wealth’s Manish Goel on how investors should play the long game 
India adds 120 new GCCs in a year; Bengaluru, Hyderabad lead, Tier-2s catch up 
US tariffs effect: Morgan Stanley trims Sensex target, lowers FY26 growth estimate 
Uttar Pradesh Is Now India’s Dream Investment Destination: Yogi Adityanath As State Showcases Growth 
Trump Targets China, EU On Tariffs | Hints At Exemptions For Auto Sector 
Diesel Price Hike, Corruption & Entry Rules: KGTA On Karnataka's Transport Strike 
Mehul Choksi Arrested In Belgium | ₹13,000 Cr PNB Scam Fugitive Held 
Mehul Choksi’s ₹6,000 Cr Bank Scam Exposed | Gitanjali Group Assets Auctioned 
Adani Group stocks surged up to 7% today; here's a likely reason 
Suzlon, BHEL, ACME Solar: Why JM suggests to buy these power stocks despite subdued demand in Q4 
Adani Green Energy shares rise 5% on FY25 business updates, check details FY26 won’t be easy: Equentis Wealth’s Manish Goel on how investors should play the long game Mazagon Dock shares jumps 10% ahead of dividend record date; Check all details here Copyright©2025 Living Media India Limited. For reprint rights: Syndications Today
