business / news / / CNBC TV18
Pidilite has raised Fevicol prices by 12-15% and more hikes are likely as input costs surge.
Pidilite has raised Fevicol prices by 12–15% due to surging VAM and raw material costs.
KEY POINTS
- Further calibrated price hikes are likely as weighted average raw material inflation hits about 50%.
- Pidilite's Haisha home paint pilot has expanded into eastern India but faces traction challenges in small towns.
- Despite volatility and escalating costs, Pidilite expects double-digit underlying volume growth to continue if demand holds.
COMPANIES
Summarized by Newsio from CNBC TV18. How we summarize →