The counter has had a total traded volume of 12741 shares so far with a value of Rs 3.27 crore on the NSE. It traded at a price-to-earnings multiple of 57.07 and a price-to-book ratio of 6.16.
A higher P/E ratio shows investors are willing to pay a higher price for per rupee earnings given by the stock because of better future growth expectations.
The price-to-book value indicates the inherent value of a company and reflects the price investors are willing to pay even for no growth in the business.
The scrip gained 88.58 per cent during the past one year, while the 30-share index advanced 80.23 per cent during the same period.
PI Industries Ltd. belongs to the Pesticides/Agro Chem industry.
Promotor/FII Holding
Promoters held 46.75 per cent stake in the company as of 31-Dec-2020, while overseas investors and domestic institutional investors ownership stood at 19.51 per cent and 16.19 per cent, respectively.
Key Financials
The firm reported consolidated net sales of Rs 1201.0 crore for the quarter ended 31-Dec-2020, up 0.81 per cent from the previous quarter’s Rs 1191.3 crore and up 38.22 per cent from the year-ago quarter’s Rs 868.9 crore.
Profit for the latest quarter stood at Rs 195.4 crore, up 61.35 per cent from the same quarter a year ago.