NSE: PIDILITIND · 7 October 2026
- Pidilite Industries Ltd shares moved lower during the trading session, declining by 2.10% to close at ₹1,488.50 compared to its previous close of ₹1,520.50. The stock opened at ₹1,511.00 and touched an intraday high of ₹1,514.40 before sliding to a low of ₹1,484.10.
- 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 to its founders. Finemake reported a revenue of ₹24.36 crore and a net loss of ₹7.82 crore for the financial year ended March 31, 2026. The transaction is expected to be completed by October 15, 2026.
- Trading volume was 0.92 times the 20-day average daily volume.
Why is Pidilite Industries share price falling on 7 October 2026?
Pidilite Industries Ltd shares moved lower during the trading session, declining by 2.10% to close at ₹1,488.50 compared to its previous close of ₹1,520.50. The stock opened at ₹1,511.00 and touched an intraday high of ₹1,514.40 before sliding to a low of ₹1,484.10.
The broader market also experienced downward pressure, with the Nifty falling 0.76%. Pidilite's pullback coincides with a 20-day return of -5.31%, though it holds a 5-day return of 1.60%.
While no single company event directly forced today's session decline, recent corporate developments include Pidilite Ventures Pvt. Ltd.'s September 29, 2026 announcement to transfer its entire shareholding in associate company Finemake Technologies Private Limited to its founders at a mutually agreed valuation, with the transaction expected to be completed by October 15, 2026. Additionally, the company recently announced a strategic partnership with South Korea's Hwaseung Chemical to introduce advanced footwear adhesive technologies to the Indian market.
5.31 lakh shares traded by 7 October 2026 · 03:15 PM IST. This compares with a 20-day average daily volume of 5.80 lakh shares (0.92 times). The five-day average daily volume was 6.52 lakh shares. Separately, the NSE report for 6 October 2026 showed 3.56 lakh shares delivered, representing 58.56% of that day’s traded volume. The same report recorded 47,474 trades.
The stock declined 2.10% amid a weak broader market environment (Nifty down 0.76%), following recent multi-session gains where it posted a 3.86% return over the prior two sessions. No direct catalyst was announced today to explain the downward price action.
Latest Company Developments
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 to its founders. Finemake reported a revenue of ₹24.36 crore and a net loss of ₹7.82 crore for the financial year ended March 31, 2026. The transaction is expected to be completed by October 15, 2026.
Disposing of a loss-making associate company streamlines portfolio operations and removes a drag on consolidated earnings.
Pidilite Industries entered into a strategic partnership with South Korea's Hwaseung Chemical to introduce advanced footwear adhesive technologies to the Indian market. The collaboration allows Indian manufacturers to access globally benchmarked adhesive systems used in sports footwear production. These formulations comply with international environmental and safety standards such as REACH, SVHC, and Prop 65.
Expands Pidilite's industrial product portfolio and strengthens its positioning within India's growing footwear manufacturing ecosystem.
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.
Historical Bulk / Block Deals
What to Watch Next
- Completion of the Finemake Technologies share transfer scheduled for October 15, 2026
- Execution progress and revenue contribution from the Hwaseung Chemical footwear adhesive partnership
- Delivery volume trends relative to the 58.56% delivery percentage recorded on October 6, 2026
- Upcoming quarterly financial results announcement and management commentary on demand trends
Other Dated Coverage
- Why Pidilite Shares Are Rising 2.20% Today | 6 October 2026 — 6 October 2026
- Why Pidilite Share Price Fell Today | Pidilite Industries Analysis | 29 September 2026 — 29 September 2026
More Pidilite Industries news and dated analysis →
Frequently Asked Questions
What is the latest Pidilite Industries company news?
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 to its founders. Finemake reported a revenue of ₹24.36 crore and a net loss of ₹7.82 crore for the financial year ended March 31, 2026. The transaction is expected to be completed by October 15, 2026.
How strong was Pidilite Industries’s trading volume?
5.31 lakh shares traded, 0.92 times the 20-day average daily volume. The price and volume data are dated 7 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.
Research & analysis: WittyTrades Research Desk
Reviewed by: Mohanish Sanghavi — SEBI Registered Research Analyst
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.