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Pidilite Industries Shocks Market with 1:1 Bonus & Special Dividend Amid 10.6% Revenue Surge
Pidilite Industries Shocks Market with 1:1 Bonus & Special Dividend Amid 10.6% Revenue Surge
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Pidilite just dropped a financial mic—1:1 bonus shares and a special dividend? Someone’s feeling generous after that 10.6% revenue pop.
The Breakdown:
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Bonus bonanza:
Shareholders get a freebie for every share held—classic ‘look how well we’re doing’ optics.
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Dividend sugar rush:
Extra cash payout because why not? (Cynical take: Great way to distract from rising input costs.)
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Revenue flex:
10.6% growth? In this economy? Must be all that Fevicol magic.
The kicker:
Watch institutional investors pretend they ‘always believed in the adhesive giant’s fundamentals’ while scrambling for their calculators.
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