PIDILITIND.NSE

Pidilite Industries Ltd.

This is Pidilite’s first issue in 15 years, and Time Technoplast’s first-ever bonus issue.

Indian companies are betting on small towns and villages to sustain growth at a time the third-largest Asian economy is bracing for pain from US’s punishing 50 per cent tariffs. Businesses from biscuits makers to building materials suppliers underscored the buoyant rural demand in investor calls for their June quarter earnings, adding that low inflation and the prospect of a good harvest will ensure the 900 million Indians living outside cities keep spending. Consumption growth in India’s countryside has outpaced that in urban markets for six straight quarters, according to data analytics firm NielsenIQ. Demand in rural India, dominated by its agrarian economy, is a bit more insulated from the impact of the exorbitant US tariffs, making it an important focus area to get growth from, Sudhanshu Vats, joint managing director at adhesives and paint maker Pidilite Industries Ltd told sources. India’s gross domestic production in the three months through June expanded at the fastest pace in more than a year.

India’s Pidilite Industries reported an 18.6% jump in first-quarter profit on Wednesday on healthy demand for its adhesives and sealants. The company’s consolidated net profit rose to 6.72 billion rupees ($76.7 million) for the three months ended June 30 from 5.67 billion rupees in the year-ago quarter. Analysts noted that demand has been recovering in the adhesives segment and is likely to improve further, along with prices, in the near term. Easing input costs and steady consumption trends could support margin expansion and topline growth in the coming quarters, they added. Pidilite, known for brands such as adhesive Fevicol and sealant Dr. Fixit, reported a 10.5% rise in first-quarter revenue to 37.53 billion rupees. Revenue in the consumer and bazaar segment, which accounts for about 80% of Pidilite’s overall sales, grew 9.7%. India’s Jindal Stainless posts quarterly profit rise on strong domestic demand The company said it remains cautiously optimistic as domestic conditions improve, supported by a good monsoon, steady demand, especially in the construction sector, lower interest rates, and recent liquidity measures.

New Delhi [India], July 31: On World Youth Skills Day, Pidilite Industries Limited, a leading manufacturer of adhesives, sealants, construction chemicals, and art materials, reaffirmed its commitment to empowering India's youth through vocational training and digital innovation. With India's construction and real estate sectors projected to generate 30 million jobs by 2030, a skilled workforce will be essential to drive this growth.

Highlights Pharma and healthcare stocks aligned with regulatory and export-driven activity Power, renewables, and industrials influenced by domestic infrastructure cycles Technology and FMCG companies reflected trends in consumption and services The Gift Nifty serves as a key barometer reflecting pre-market trends and regional sentiment tied to Indian equities. It operates from the Gujarat International Finance Tec-City (GIFT City), offering extended hours trading and global access to domestic stocks. Movement within Gift Nifty highlights the anticipated activity across sectors such as pharmaceuticals, energy, consumer goods, and technology, often before regular trading opens on the National Stock Exchange. Healthcare and Pharma: Cipla and Dr Reddy’s in View Cipla Ltd (NSE:CIPLA) operates in branded generics, APIs, and respiratory drugs with reach across India and international markets. Its products include therapeutic categories such as anti-retrovirals, cardiovascular, and respiratory treatments.