Pidilite Industries Q3 Review - Input Costs Put A Spanner In The Wheel: Prabhudas Lilladher

BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy..Prabhudas Lilladher Report.We have increased our sales estimate by 5.94/4.6/4.6% for FY21/22/23 on the back of strong numbers reported by Pidilite Industries Ltd. aided by continued demand momentum in rural areas and revival in urban demand.Business-to-business segment has also benefited from resurgence in industrial activity.We remain positive on the company given its strong presence in water proofing and construction chemicals due to first mover advantage and strong connect with trade.We believe investment in Huntsman will allow the company to consolidate Araldite’s leadership position in epoxy based adhesives by leveraging its strong distribution network..Click on the attachment to read the full report:.DISCLAIMERThis report is authored by an external party. BloombergQuint does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of BloombergQuint. .Users have no license to copy, modify, or distribute the content without permission of the Original Owner.

Pidilite Industries Q3 Review - Input Costs Put A Spanner In The Wheel: Prabhudas Lilladher

Pidilite Industries Q3 Review - Input Costs Put A Spanner In The Wheel: Prabhudas Lilladher

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