Pidilite Expects Q2 Demand Stability, Rules Out Price Hikes
· Business · Business Standard
Pidilite Industries anticipates stable demand in the second quarter of FY24, according to its Managing Director. The company has ruled out immediate price hikes for its products. The report does not specify the sectors driving this demand. Pidilite's decision comes amid broader economic uncertainty in the Indian market.
Why it matters
Stable demand and price stability for Pidilite's products are crucial for consumers and industries reliant on adhesives and construction materials, especially in a volatile economic environment.
Read the original report — Business Standard
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