Is it good time to invest in Pidilite?

Is it good time to invest in Pidilite?

The stock is offering investors an opportunity to get on board at the current price. The current price of the stock is trading around 4.6\% away from the 10-week moving average. In the last twelve months, Pidilite Inds. has rallied nearly 61.1\% as compared to 51.6\% for the Nifty500.

Will Pidilite go up?

Will Pidilite Industries stock price grow / rise / go up? Yes. The Pidilite Industries Ltd stock price can go up from 2391.450 INR to 2614.840 INR in one year.

What is the future of Pidilite?

The company is taking initiatives to achieve 15-16\% value growth in the coming years. Expected demand scenario to improve from FY 2021 onwards in India. This may get delayed due to the COVID-19 lockdown. Pidilite acquired a stake of $30 million in HomeLane due to evolving market dynamics and innovation.

Is Pidilite share overvalued?

As the market runs up, it will run and become overvalued based on its current earnings. When I purchased at ₹700, in my open portfolio, it was overvalued. If I am planning a purchase now, it is overvalued.

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Is pidilite a good company?

Pidilite is a good company to work. The culture is good. Seniors are very helpful & supportive. You will get growth in position & increment in salary if your performance is satisfactory.

What is the business model of pidilite industries?

They operate in two main segments: Consumer, Industrial segment and Others. The first one is Consumer and Bazaar segment. 84\% of their revenue comes from this segment. Consumer segment means products in small package for everyone while Bazaar segment includes products in big package like carpenters and mechanics.

What is the intrinsic value of pidilite industries?

Rs. 735.38
As on 18-Nov-2021, the Intrinsic Value of PIDILITE INDUSTRIES is Rs. 735.38 determined based on Median of the 3 historical models.

Is pidilite a good stock?

So, overall Pidilite is a financially and fundamentally strong stock for long term investments with good economic moat around it.