Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Pidilite Industries Limited ( (IN:PIDILITIND) ) has provided an announcement.
Pidilite Industries Limited has announced that its wholly owned Singapore subsidiary, Pidilite International Pte. Ltd., and Tanzania-based Insignia Limited have incorporated a new joint venture entity in Tanzania named Pidilite Insignia Limited. The joint venture, in which Pidilite will hold a 55% stake and Insignia 45%, will focus on the business of construction chemicals and waterproofing materials, signalling a further push into African markets and strengthening Pidilite’s international footprint in the building materials value chain.
More about Pidilite Industries Limited
Pidilite Industries Limited is an India-based specialty chemicals company known for its adhesives, sealants, construction chemicals, and waterproofing solutions, serving both retail and institutional customers. Through its international subsidiaries, the company has been expanding its presence in overseas markets, particularly in construction and infrastructure-related segments.
Average Trading Volume: 51,239
Technical Sentiment Signal: Buy
Current Market Cap: 1514.9B INR
See more data about PIDILITIND stock on TipRanks’ Stock Analysis page.