Pidilite Share Price / Stock Price
Here, we will discuss the plausible reasons and some crucial information which would clarify any doubt before you consider the Pidilite stock price details. Well-known brands of company are FeviKwik, Dr Fixit, Roff, Cyclo, Ranipal, Hobby Ideas, M-seal and Acron, this makes the decision to invest in Pidilite Share Price worth.
Why Invest in Pidilite Shares?
Pidilite Industries exists for over 60 years now. Its products are household names in most Indian families. However, that itself is not the only reason you should consider buying Pidilite shares. We have, therefore scavenged some of the significant factors which you should know before you are sure:
- If you follow the 52-week report, the highs and lows are not massively exponential. That proves you can rely on its trend that it will not fall by a significant margin.
- Of course, brand value is one of the significant factors that you should keep in mind. People know about the products the company is offering, and the target customers are of all magnitudes. This adds weight on stock price stability.
- While most companies faced a massive decline in stock prices on account of several unfavourable factors, Pidilite Industries absorbed the heat and recovered brilliantly.
- Pidilite Industries Limited revenues increased across various time frames. There is significant increase in Net Income too, which makes the stocks ideal to invest.
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How to Invest in Pidilite Industries Stocks?
As discussed, a few times now that the company has been around for decades. Naturally, it has a substantial brand value in the Indian market. So, it always makes sense to invest in Pidilite stocks.
Therefore, we will now discuss the steps to invest:
- The first step involves finding a suitable stock trading company. Consider brokerage fees, the overall experience, the trading platforms, and many others aspects to find suitable stock broker.
- Typically, most recognized stockbroking companies charge a composite fee to open up an account that consists of a Demat account and a Trading account. Of course, you need a Savings account as well. Some companies also provide 3-in-1 accounts. So, you always have an option for such companies.
- The Demat accounts are essential as when you purchase any stocks; it acts as a storehouse where you can hold your financial securities. Usually, the companies charge an AMC fee that ranges between Rs.200 – Rs.500 on average.
- The Trading accounts are also integral as, without it, you can’t even place an order. The companies typically charge Rs.0 – Rs.300 for the AMC of the Trading accounts.
- Then, the next step is to explore the online trading platforms that the company offers. Normally, a reputed company provides a dedicated accounts manager who gives a tour of how to use and place trading orders.
- In the trading platforms, you should use the Market Watch feature. That will let you keep an eye on the market shares’ fluctuations. You can check out the status of the stock price of Pidilite Industries. Any standard company offers a realtime view of the stock prices.
- Once you are happy with the current stock price, you can place an order from the trading platform. Remember, you must place an order for the number of stock shares you wish to buy. In some time, you should see the requested number of shares have been credited to your account. You do have the full ownership of the respective number of shares that you have paid for.
About Pidilite Industries Ltd.
Pidilite Industries is one of the vintage adhesive manufacturing companies in India. It has been around for over 60 years.
It gave birth to Fevicol, one of the oldest glues in the country for carpenters and woodworkers. At that time, it was a ground-breaking discovery for a country like India.
A few more years and they commissioned a Manufacturing plant in Kondivita Village, Mumbai. To date, it is the Corporate Head-Office of the company. Years went through that the brand became a household name in India. However, it was in 1990, when the company rebranded itself into Pidilite Industries Private Limited.
That was a massive step towards letting other companies across the world about an Indian company’s emergence. Back in the year 1993, the company become public and introduced its shares in the Bombay Stock Exchange (BSE).
In less than 4 years, the company has reached the international market, and Fevicol becomes the top 15 Indian brands as per FE Brandwagon Year Book 1997. The story goes on, and they are unquestionably one of the biggest companies in India right now.
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Products or Services offered by Pidilite
Pidilite products are categorized into several divisions. To start with, they are primarily an adhesive manufacturing company. Next, they involved themselves in Wood Finishes and Paints. They followed it up by Waterproofing Solutions like Dr.Fixit and soon ventured themself into Automobiles.
Apart from that, they are also into Technical Textiles, MEP, Tile Adhesives & Tile Grouts, and Wood Working. Prior to what products they offer, they are also into Pidilite services in the form of Waterproofing and OEM.
Pidilite Shares – Conclusion
So, there we have it – the full discloser of how you can invest in Pidilite Industries stocks, and if you can spend on them in the first place. If we are to answer the question, should you invest in Pidilite shares or not, we will suggest you should.
The simple reason is its sustainability. It is a core Indian manufacturing company that has a firm brand value among Indian consumers. Apart from that, the 52-week highs and lows are favourable, so is the company stability. So, that makes it an ideal company to spend your money on.
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