Pidilite Industries share price dips as stock adjusts for 1:1 bonus issue
On September 23, 2025, Pidilite Industries, the company behind Fevicol, announced a 1:1 bonus share issue. This means each shareholder received one extra share for every share they owned, free of cost. The move is usually seen as positive, signaling confidence in the company’s growth. However, the stock price fell sharply by over 50% on…