Pidilite Industries gains 5% as Q4 earnings beat estimates

The stock hit a new high of Rs 1,137, up 5% on the BSE, after the company reported a better than expected 57% year on year growth in consolidated net profit at Rs 2.48 billion in March quarter . Pidilite Industries hit a new high of Rs 1,137, up 5% on the BSE, after the company reported a better than expected 57% year on year growth in consolidated net profit at Rs 2.48 billion in March quarter (Q4FY18) on double digit volume growth. It had profit of Rs 1.57 billion in a year ago quarter.

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