Stock Analysis, IPO, Mutual Funds, Bonds & More

Buy Pidilite Industries, price target Rs 1,625: Shubham Aggarwal

The analyst suggested a stoploss at Rs 1510 .

Last Updated: Feb 07, 2020, 09.13 AM IST
ThinkStock Photos
buy sell ts1

Shubham Aggarwal of Quantsapp Advisory has a buy call on Pidilite Industries Ltd. with a target price of Rs 1625.0 . The current price of Pidilite Industries Ltd. is Rs 1552.55 Time period given by the analyst is Intra Day when Pidilite Industries Ltd. price can reach defined target. . Shubham Aggarwal recommended to keep a stoploss at Rs 1510 .

Pidilite Industries Ltd., incorporated in 1969, has a market cap of Rs 78871.27 Crore) operating in Diversified sector.

Pidilite Industries Ltd. key Products/Revenue Segments include Consumer Family Products which contributed Rs 4542.80 Crore to Sales Value (82.73 % of Total Sales), Industrial Products which contributed Rs 892.35 Crore to Sales Value (16.25 % of Total Sales) and Others which contributed Rs 55.81 Crore to Sales Value (1.01 % of Total Sales)for the year ending 31-Mar-2018.

For the quarter ended 31-12-2019, the company has reported a Consolidated sales of Rs 1926.59 Crore, up 6.64 % from last quarter Sales of Rs 1806.58 Crore and up 4.24 % from last year same quarter Sales of Rs 1848.30 Crore Company has reported net profit after tax of Rs 344.53 Crore in latest quarter.

The company’s top management includes Mr.A B Parekh, Mr.A N Parekh, Mr.B S Mehta, Mr.Bharat Puri, Mr.M B Parekh, Mr.N K Parekh, Mr.Piyush Pandey, Mr.Sabyaschi Patnaik, Mr.Sanjeev Aga, Mr.Uday Khanna, Mr.Vinod Dasari, Mrs.Meera Shankar. Company has Deloitte Haskins & Sells LLP as its auditors As on 31-12-2019, the company has a total of 508,011,130 shares outstanding.

Also Read

Sell Ashok Leyland, price target Rs 65: Shubham Aggarwal

Buy Jubilant Foodworks, price target Rs 1,910: Shubham Aggarwal

Buy Pidilite Industries, price target Rs 1,650: Shubham Aggarwal

Sell Glenmark Pharmaceuticals, price target Rs 304: Shubham Aggarwal

Add Your Comments
Commenting feature is disabled in your country/region.

Other useful Links

Copyright © 2020 Bennett, Coleman & Co. Ltd. All rights reserved. For reprint rights: Times Syndication Service