PI Industries Share Price: Share price of PI Industries jumps as Sensex gains 253.15 points

Share price of Ltd. gained 0.56 per cent to Rs 3298.6 at 11:01AM (IST) in Monday’s trade. The stock hit a high of Rs 3330.9 and low of Rs 3274.6 so far during the session. The stock had closed at Rs 3280.35 in the previous session.

The counter had a total traded volume of 11:01AM shares so far with a turnover of Rs 27.72 crore on BSE. The stock traded at a price-to-earnings multiple of 63.89 and a price-to-book ratio of 6.41.

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 is the measure of the price that investors are ready to pay even for no growth in the business.

PI Industries Ltd. belongs to the Pesticides/Agro Chem industry.

Promotor/FII Holding

Promoters held 46.74 per cent stake in the company as of 30-Jun-2021, while foreign investors and domestic institutional investors ownership stood at 23.73 per cent and 17.89 per cent, respectively.

Key Financials

The company reported consolidated sales of Rs 1221.5 crore for the quarter ended 30-Jun-2021, down 1.6 per cent from the previous quarter’s Rs 1241.3 crore and down 14.34 per cent from the year-ago quarter’s Rs 1068.3 crore.

Its profit for the latest quarter stood at Rs 187.2 crore, up 28.66 per cent from the same quarter a year ago.

Source Link