Jubilant Industries’ adhesive ‘Jivanjor’ is the second largest brand with 20% market share next only to Pidilite’s Fevicol. Its recent distribution agreement with US giant, HB Fuller. will be a game changer. Jubilant is a screaming buy as it trades at a mktcap of just Rs.500cr v/s Pidilite’s mktcap of over 1lakh cr!
Huge Rounding in weekly can touch 400 levels in short term.
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