Home Market Buy Pidilite Industries, target Rs 1200: Kunal Bothra

Buy Pidilite Industries, target Rs 1200: Kunal Bothra


Independent analyst Kunal Bothra has a buy call on Pidilite Industries Ltd. with a target price of Rs 1200.0 . The current market price of Pidilite Industries Ltd. is Rs 1158.85 Time period given by the analyst is Intra Day when Pidilite Industries Ltd. price can reach the defined target. Kunal Bothra recommended to keep stoploss at Rs 1140. Pidilite Industries Ltd., incorporated in 1969, is a largecap company with a market cap of Rs 58848.79 crore.

Pidilite Industries Ltd. key Products/Revenue Segments include Consumer Family Products which contributed Rs 4366.90 Crore to Sales Value (82.41 % of Total Sales), Industrial Products which contributed Rs 882.72 Crore to Sales Value (16.65 % of Total Sales), Others which contributed Rs 49.03 Crore to Sales Value (0.92 % of Total Sales)for the year ending 31-Mar-2017.

For the quarter ended 30-06-2018, the company has reported a Consolidated sales of Rs 1834.07 Crore, up 23.48 % from last quarter Sales of Rs 1485.31 Crore and up 19.96 % from last year same quarter Sales of Rs 1528.92 Crore Company has reported net profit after tax of Rs 240.36 Crore in latest quarter. The companys 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 as its auditoRs As on 30-06-2018, the company has a total of 507,820,580 shares outstanding.

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