Healthy volume growth; rich valuations

Company
28 Oct 2024
5 Min read 
  • Pidilite Industries (PIDI) shares performance and financials.
  •  Healthy volume growth and rich valuations.
  •  Subdued sales growth due to extended monsoons.
  •  Strong performance in Consumer & Bazaar and B2B segments.
  •  Management's optimistic outlook for demand recovery.
  •  Maintaining Neutral rating with a target price of INR3,200.
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