Buy Pidilite Industries Ltd. target Rs 880.0 : Kunal Bothra

Kunal Bothra of Independent Analyst has buy call on Pidilite Industries Ltd. with a target price of Rs 880.0 . The current market price of Pidilite Industries Ltd. is Rs 844.9 Time period given by analyst is Intra Day when Pidilite Industries Ltd. price can reach defined target. Kunal Bothra recommended to keep stoploss at Rs 840
Pidilite Industries Ltd., incorporated in the year 1969, is a Large Cap company (having a market cap of Rs 43565.80 Crore) operating in Chemicals sector.

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 30-09-2017, the company has reported a Consolidated sales of Rs 1529.87 Crore, up .06 % from last quarter Sales of Rs 1528.92 Crore and up 8.49 % from last year same quarter Sales of Rs 1410.21 Crore Company has reported net profit after tax of Rs 251.80 Crore in latest quarter. The company’s 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.Ranjan Kapur, 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 30-09-2017, the company has a total of 512,810,330 shares outstanding.