Buy Pidilite Industries, says Sahil Kapoor

Sahil Kapoor of Edelweiss Financial Services told CNBC-TV18, "Pidilite Industries was trading at about Rs 600, the market was also trading closer to 8,800. We had a severe correction but Pidilite has gone back. On a relative strength comparative, it is performing very well compared to the market itself and within its sector it has outperformed most of the peers.""I think in the short-term charts, we were clearly seeing a breakout from a short-term falling trendline. It also confirms fresh bullish momentum in the stock. So, I guess buying closer to Rs 568-570 levels, should give you targets of about Rs 700 with stop loss below Rs 509," he said.