Pidilite Industries’ Fevikwik brand launches innovative new products

New product launches

Fevikwik, a leading brand of instant adhesive solutions, from the house of Pidilite Industries, has launched innovative new products, Fevikwik Precision Pro, Fevikwik Gel, Fevikwik Advanced and Fevikwik Craft. The launch of new products aims to revolutionise the repair experience for consumers across diverse use cases.

The new range of products have been designed to offer superior performance and user experience across various usage categories – Fevikwik Precision Pro for precise application, Fevikwik Gel for spillfree repairs and opportunity to correct mistakes, Fevikwik Advanced with water-proof and shockproof properties, and Fevikwik Craft for crafting enthusiasts.

In addition to addressing consumer needs, Fevikwik prioritised product accessibility and availability by adding new channels and distribution centres across India. The brand has introduced multi-use, easy-to-stock packaging to meet the preferences of urban consumers, ensuring readiness for emergencies.

Company profile

Pidilite Industries Ltd is a leading manufacturer of adhesives and sealants, construction chemicals, craftsmen products, DIY products and polymer emulsions in India. Most of the products have been developed through strong in-house R&D. Its brand name Fevicol has become synonymous with adhesives to millions in India and is ranked amongst the most trusted brands in the country. Some of its other major brands includes M-Seal, Fevikwik, Fevistik, Roff, Dr. Fixit, Fevicryl, Motomax, Hobby Ideas, Araldite.

Stock price movement

Today, the stock of Pidilite Industries opened at Rs 3049.30 and has touched a high and low of Rs 3050.20 and Rs 2990.35 respectively. The BSE group ‘A’ stock of face value Rs 1 has a 52-week high and low of Rs 3,073.20 and Rs 2,293.10, respectively. Last one week high and low of the scrip stood at Rs 3073.20 and Rs 2965.05 respectively. The current market cap of the company is Rs 1,52,501.42 crore.

The promoters holding in the company stood at 69.84%, while Institutions and Non-Institutions held 19.80% and 10.35% respectively.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. It is based on several secondary sources on the internet, and is subject to changes. Please consult an expert before making related decisions.