Pidilite Industries jumps on inaugurating manufacturing facility in Uttar Pradesh
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Pidilite Industries is currently trading at Rs. 2605.00, up by 52.50 points or 2.06% from its previous closing of Rs. 2552.50 on the BSE.
The scrip opened at Rs. 2560.50 and has touched a high and low of Rs. 2608.40 and Rs. 2553.95 respectively. So far 6083 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 2804.00 on 16-Jan-2024 and a 52 week low of Rs. 2250.85 on 24-Feb-2023.
Last one week high and low of the scrip stood at Rs. 2609.30 and Rs. 2503.40 respectively. The current market cap of the company is Rs. 132449.50 crore.
The promoters holding in the company stood at 69.84%, while Institutions and Non-Institutions held 19.80% and 10.35% respectively.
Pidilite Industries (Pidilite) has inaugurated a new state-of-the-art manufacturing facility in Sandila, near Lucknow, Uttar Pradesh, for its prominent tile adhesive brand, Roff. This fully automated facility, spanning an expansive 11,000 sqm, is set to enhance Roff’s footprint in North India, catering to markets in Central and Eastern Uttar Pradesh, Madhya Pradesh, and certain areas of Bihar.
This is the first of its kind manufacturing unit of any branded tile adhesive in this region and has been built to adhere to global standards of manufacturing excellence. With this initiative, Pidilite can now ensure prompt delivery of Roff products to dealers, enhancing efficiency and responsiveness.
Pidilite Industries is a well-known name in the adhesives market.
