PI Industries Share Price: PI Industries shares drop 1.08% as Sensex rises

Shares of Ltd. traded 1.08 per cent down at Rs 3178.6 at 01:04PM (IST) on Monday, even as BSE benchmark Sensex gained 124.81 points to 60173.28. The stock had closed at Rs 3213.4 in the previous session.

The stock quoted a 52-week high and 52-week low of Rs 3533.3 and Rs 1850.05, respectively.

As per BSE data, total traded volume on the counter till 01:04PM (IST) stood at 01:04PM shares with turnover at Rs 15.37 crore.



At the prevailing price, the stock trades at 61.64 times its trailing 12-month earnings per share of Rs 51.41 per share and 6.41 times its price-to-book value, BSE data showed.

A higher P/E ratio shows investors are willing to pay a higher share price today because of growth expectations in the future. Price-to-book value indicates the inherent value of a company and is the measure of the price that investors are ready to pay even for no growth in the business.

The Beta value of the stock, which measures its volatility in relation to the broader market, stood at 0.56.


Shareholding Details

Promoters held 46.74 per cent stake in the company as of 30-Jun-2021, while FIIs owned 23.73 per cent and DIIs 17.89 per cent.

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