Is RIL entering adhesives? Can you give more details on this?
One thing I observed in most home delivery places which ppls use for grocery, fresh items and medicines, Fevicol is not available so it’s bazaar segment seems literally facing availability issue as it’s not a priority for the grocery chains who used to keep it otherwise before covid …so if one needs Fevicol or mseal, that would demand a seperate unique trip to related store or online place available…so while industrial part is affected like all other businesses, sad to see the consumer part also affected by this roadblock. Demand should be huge as literally every school kids need Fevicol but where to order from. I see this as opportunity to develop retail part of business if only in e-commerce like the Michael store in US which is into hobbies etc. But not yet seen any steps from pidilite in this direction
Disc: pidilite part of core portfolio, not a recommendation to buy/sell