May 25, 2018 / 5:23 AM / 25 days ago

BUZZ-India's Pidilite Industries hits record high

** Shares of Pidilite Industries Ltd jump as much as 5.25 pct to 1,137 rupees, its highest ever

** Stock posts its biggest intraday pct gain since Dec. 2017

** The manufacturer of adhesives and construction chemicals reported a 55 pct jump in March quarter consol profit on Thursday

** Pidilite’s volume growth of 13 pct was in line - Credit Suisse (CS)

** Says demand conditions improving but commodity cost inflation is a concern for FY19 earnings estimates

** Stock has risen nearly 20 pct this year up to Thursday

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