More likely that 2nd wave followed by lockdown and restrictions may cause moderate disruption. Pace of vaccination would determine how much supply line disruption might persist. However, Pidilite is likely to face headwinds in the B2B segment. Close to 20% of its revenue is earned in this segment. Consumer Bazaar segment thrives on volumes which again may witness slight fall in demand. Overall, expect natural retracement after notching the 52-weeks high on 09/04 to extend further.