Pidilite is one of the popular brands in India which makes chemical substances for regular people and for industrial use too. The company’s headquarters is in Mumbai, India established in 1959.
Till now the company is becoming more strong and providing a good quality product to the consumers.
What is Pidilite Industries Limited NSE: PIDILITIND?
Pidilite Industries Limited is India’s top company which makes various products including construction chemicals, craft supplies, DIY items, glue, sealants etc. It makes the products for the individual people’s use and also for the industrial uses. Their well-known brand are Fevikwik, Roff, Dr Fixit, Fevicryl, Motomax, M-Seal etc. The company has much trust in the market and has very good market capital.
Pidilite Share Price Target Tomorrow
Its one-day chart shows the stock is going up, but the upward trend seems getting weaker. The price is above 3218 and as long as it stays above this, the stock may keep going up. The prediction for tomorrow is uncertain as the uptrend is getting weaker. It could either go up or down. It’s better to wait and see how the stock moves in the first half of the day before making any decisions. So for tomorrow as per our analysis, its price would be ₹3330.
As it is capturing a big market attraction, it expanding its range of products. They introduce new products with great strength and as it makes multiple products there is less chance to be in loss if one of the products does not perform well in the market. The management team of this company knows the customer needs, and by launching the products which fulfil their needs get more attention. By 2025, its share price target would be ₹3212.
As per our experts, its share price would be between ₹2539 to ₹3212 in 2025.
Year
Minimum Price (Rs)
Maximum Price (Rs)
2025
2539
3212
Month
Minimum Price (Rs)
Maximum Price (Rs)
January
2725
2997
February
2642
3008
March
2600
2944
April
2539
2970
May
2631
2988
June
2754
3024
July
2789
3045
August
2830
3078
September
2868
3110
October
2932
3142
November
2987
3154
December
3045
3212
Share Price Target 2030
The company is continuously spreading its products as it has a very strong distribution network. So to be more accessible, it plans to make its distribution network even better by increasing the number of distributors. It helps the company to reach the all market whether small or big market. Also, it increasing its product range to attract more people. So in the year 2030, its share price target would be ₹9021 as per our expectation.
As per the analysis, its share price target will be between ₹7710 to ₹9021 in 2030.
Year
Minimum Price (Rs)
Maximum Price (Rs)
2030
7710
9021
Month
Minimum Price (Rs)
Maximum Price (Rs)
January
7710
7803
February
7764
7867
March
7812
7923
April
7900
7955
May
7893
7960
June
7949
8025
July
8011
8135
August
8234
8397
September
8346
8543
October
8416
8645
November
8546
8712
December
8711
9021
Share Price Target 2040
As the company grow they always expect to grow the company for a long time. this company invest a large amount on the research and development team to keep improving and introducing new product for the future to stay a strong competitor in the market. In the future, they plan to launch many new and upgraded products, which are expected to accelerate more to the growth of the company. By the year 2040, its share price would be ₹16142.
By 2040, its share price would be between ₹13170 to ₹16142.
Year
Minimum Price (Rs)
Maximum Price (Rs)
2040
13170
16142
Month
Minimum Price (Rs)
Maximum Price (Rs)
January
13170
13560
February
13345
13670
March
13557
13861
April
13657
13970
May
13875
14354
June
14324
14523
July
14527
14740
August
14721
14990
September
15345
15580
October
15811
15920
November
15754
15956
December
15900
16142
Share Price Target 2050
The company is doing very hard work to grow its business in outside the country. The management wants to make its products well-known in the most of the countries. The company approaches the subsidiary company to launch its product in the market that they haven’t reached. Right now, the company is supplying its product to Brazil, Thailand, Egypt, Bangladesh and the USA. In 2050 it is expected ₹29340 as its share price target.
By the year 2050, its share price would be between ₹27560 to ₹29340.
Year
Minimum Price (Rs)
Maximum Price (Rs)
2050
27560
29340
Month
Minimum Price (Rs)
Maximum Price (Rs)
January
27560
27723
February
27613
27861
March
27812
27923
April
27912
28240
May
28100
28426
June
28378
28576
July
28512
28874
August
28430
28820
September
28561
28913
October
28823
29030
November
29140
29245
December
29270
29340
Pidilite Share Price forecast
Year
Minimum Price (Rs)
Maximum Price (Rs)
2025
2539
3212
2030
7710
9021
2040
13170
16142
2050
27560
29340
Should I Buy Pidilite Stock?
It is one of the oldest companies with had very strong market presence not only in India but outside too. The company made multiple products providing the best quality at a very valuable price. The company plan to increase its product range and try to reach more countries to do business. Also, its performance in the stock market seems very good. So for the long term, you can think of it to invest.
Is Pidilite Stock Good to Buy? (Bull case & Bear case)
Bull Case:
The company owns well-known brands like Fevicol, which have a strong market value.
It is one of the dominating companies that makes and supplies construction chemicals in India.
With the growth in construction, infrastructure, and home improvement sectors, it is always in demand.
The company has very good financial condition, generating a good profit every year. Also, the company has very little debt which can easily be paid on time.
The company invests in research and development to always provide a unique and best product to the people
Pidilite depends on chemicals like vinyl acetate monomer, which can be volatile in price. Rising raw material costs could impact its profit.
Growing competition from other domestic and international brands could impact its market share.
Conclusion
So In this article, we have discussed Pidilite company. The company is one of the top brands in its sector. It has great networking so its product easily reaches to all the people even if it does business globally. We have discussed its upcoming predicted price in the coming year. So if you thinking of investing in this stock then read the whole article to get a clear-cut picture.
FAQs
As of September 25, 2024, its P/E ratio is 90.61.
As per the analysis, its share price target will be between ₹7710 to ₹9021 in 2030.