India's Pidilite Industries rises; analysts cheer volume growth

Pidilite Industries

12/05/2025 10:56

** Shares of "Fevicol" adhesive-maker Pidilite Industries PIDI.NS rise 3% to 3,076 rupees

** While co missed fourth-quarter earnings expectations, it reported a 10% growth in volumes

** "Healthy volume growth yet again," says Jefferies, lifts TP to 3,270 rupees from 3,040 rupees

** Co's volume growth trajectory is inspiring, particularly in current challenging environment - Motilal Oswal

** ICICI Securities sees healthy demand and growth prospects due to increased construction activity, raises TP to 3,197 rupees from 3,123 rupees

** Co's median TP rises to 3,197 rupees from 3,032.5 rupees a month back - LSEG data

** YTD stock has risen 6%

(Reporting by Hritam Mukherjee in Bengaluru)

((Hritam.Mukherjee@thomsonreuters.com))