Aashish Tater of fortunewizard.com told CNBC-TV18, "Pidilite Industries has been on our radar right from the Rs 200 levels where we have been recommending this particular stock on quarter-on-quarter (QoQ) basis. We have a target of Rs 700 for this year but we feel that this will be a wealth creator even going forward. So, it is just a hold from our side with a target of around Rs 700 for the whole year." "They have been able to innovate new products and I believe this is one company from India that has got all the potential to be an MNC going forward. Fevicol is one brand that is on everyone's lips. That is why we identified them and we just see the margins improving year-on-year (YoY). So, we feel that this is one stock that has got future," he said.
Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
