NSE: PIDILITIND · 6 October 2026
- Pidilite Industries Ltd (PIDILITIND) advanced by 2.20% today, closing at ₹1,520.50 after trading between an intraday low of ₹1,473.70 and a high of ₹1,524.60.
- Pidilite Industries entered into a strategic partnership with South Korea's Hwaseung Chemical to introduce advanced, globally benchmarked footwear adhesive technologies to the Indian market. The collaboration aims to provide Indian manufacturers with low-VOC, high-performance bonding solutions that comply with international environmental standards like REACH and RoHS. This initiative aligns with Pidilite's strategy to expand high-performance industrial offerings as India emerges as a global footwear manufacturing hub.
- Trading volume was 1.03 times the 20-day average daily volume.
Why is Pidilite Industries share price rising on 6 October 2026?
Pidilite Industries Ltd (PIDILITIND) advanced by 2.20% today, closing at ₹1,520.50 after trading between an intraday low of ₹1,473.70 and a high of ₹1,524.60.
The broader market showed positive momentum as the Nifty benchmark rose 0.98%. Pidilite's gain coincides with a short-term recovery, reflected in a 5-day return of 4.07%, even as the stock maintains a 20-day return of -4.55%.
On the corporate front, the stock's recent movements take place against a backdrop of ongoing strategic updates, including a recent partnership announced on September 28, 2026, with Hwaseung Chemical to introduce advanced footwear adhesive technologies to India. Additionally, the company disclosed plans on September 29, 2026, to transfer its shareholding in associate company Finemake Technologies to its founders.
6.05 lakh shares traded by 6 October 2026 · 03:15 PM IST. This compares with a 20-day average daily volume of 5.87 lakh shares (1.03 times). The five-day average daily volume was 7.45 lakh shares. Separately, the NSE report for 5 October 2026 showed 6.33 lakh shares delivered, representing 75.11% of that day’s traded volume. The same report recorded 49,005 trades.
Pidilite gained 2.20% alongside positive broader market conditions, supported by recent strategic announcements such as its partnership with Hwaseung Chemical and the rationalization of non-core associate holdings.
Latest Company Developments
Pidilite Industries entered into a strategic partnership with South Korea's Hwaseung Chemical to introduce advanced, globally benchmarked footwear adhesive technologies to the Indian market. The collaboration aims to provide Indian manufacturers with low-VOC, high-performance bonding solutions that comply with international environmental standards like REACH and RoHS. This initiative aligns with Pidilite's strategy to expand high-performance industrial offerings as India emerges as a global footwear manufacturing hub.
It strengthens Pidilite's industrial product portfolio and positions the company to capture higher value in the expanding domestic footwear manufacturing sector.
Pidilite announced that its wholly-owned subsidiary, Pidilite Ventures Pvt. Ltd., has agreed to transfer its entire shareholding in associate company Finemake Technologies Private Limited back to its founders at a mutually agreed cash valuation. Finemake, which reported a revenue of ₹24.36 crore and a net loss of ₹7.82 crore for the financial year ended March 31, 2026, contributed 0.06% to Pidilite's consolidated revenue. The transaction is expected to be completed by October 15, 2026.
The divestment allows Pidilite to exit a loss-making associate entity with negligible financial contribution to its consolidated revenue base.
The company received an order regarding the voluntary liquidation of Nina Percept (Bangladesh) Private Limited, a wholly-owned step-down subsidiary, effective August 19, 2026. The entity had remained inoperative since incorporation due to a lack of business opportunities and recorded nil turnover for the financial year ended March 31, 2026.
Closing an inoperative overseas step-down subsidiary rationalizes foreign corporate structure without impacting active operations or revenues.
Pidilite Industries Limited has submitted to the Exchange, the financial results for the period ended Jun 30, 2026.
Ownership & Transaction Activity
Mutual Fund Holdings
Mutual funds held 4.33% on 30 June 2026. This compares with 4.34% on 31 March 2026, a change of -0.01 percentage points.
The filing reported 38 MF/UTI holders.
Research & Brokerage Views
Maintained a neutral stance following financial updates, evaluating near-term demand trends and valuation multiples.
What to Watch Next
- Completion of the Finemake Technologies share transfer expected by October 15, 2026.
- Commercial rollout and market reception of the Hwaseung Chemical footwear adhesive partnership.
- Sustained delivery volumes above the 75% delivery percentage recorded in the prior cash report.
- Performance trends in the consumer and bazaar segments during upcoming festive demand periods.
Other Dated Coverage
More Pidilite Industries news and dated analysis →
Frequently Asked Questions
What is the latest Pidilite Industries company news?
Pidilite Industries entered into a strategic partnership with South Korea's Hwaseung Chemical to introduce advanced, globally benchmarked footwear adhesive technologies to the Indian market. The collaboration aims to provide Indian manufacturers with low-VOC, high-performance bonding solutions that comply with international environmental standards like REACH and RoHS. This initiative aligns with Pidilite's strategy to expand high-performance industrial offerings as India emerges as a global footwear manufacturing hub.
How strong was Pidilite Industries’s trading volume?
6.05 lakh shares traded, 1.03 times the 20-day average daily volume. The price and volume data are dated 6 October 2026 · 03:15 PM IST.
Do the mutual-fund figures show buying today?
They show holdings on 30 June 2026. Quarterly holdings do not identify purchases made on the article date.
Article by: WittyTrades Research Desk
Disclaimer: Investments in securities markets are subject to market risks. Registration with SEBI and NISM certification do not guarantee performance or returns. This article is for information and education, not personalised investment advice or a recommendation to buy, sell or hold.