2025-01-17 10:34:14 am | Source: Motilal Oswal Financial Services Ltd Ltd
Neutral Pidilite Industries Ltd. For Target Rs.3,200 - Motilal Oswal Financial Services
* We expect consolidated revenue to grow 8% YoY.
* We expect 9% volume growth during the quarter.
* We expect gross margin to expand 140bp YoY to 54.3% and remain flat QoQ on stable VAM prices.
* Outlook on domestic and international demand is a key monitorable.
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