PIDILITIND

Industries Share Price Target: Fevicol maker stock on analysts' radar; expect over 20% upside

In the last year, the major adhesive, Fevicol, maker's stock has not grown much and slumped over 5 per cent so far. While in the long-term horizons, shares of Pidilite Industries have rewarded its investors with huge returns, becoming a multibagger stock. Now the question is, is there any juice left to book profits? Read on to learn what investors or traders should do with the BSE 100 family stock. Analysts at Nuvama have reiterated their rating on Pidilite Industries' shares, citing strong growth potential across categories. According to the brokerage, tile adhesives remain a high-growth segment, supported by low penetration levels and Pidilite’s robust product portfolio. It also highlighted that the performance of Haisha Paints - which launched in 2023- came in slightly below initial expectations, but it has been showing steady improvement both quarter-on-quarter (QoQ) and month-on-month (MoM).