PI Industries Share Price: PI Industries shares up 1.17% as Nifty gains

NEW DELHI: Shares of Ltd. traded 1.17 per cent up in Monday’s trade at 11:58AM (IST). Around 4,594 shares changed hands on the counter.

The counter opened at Rs 3300.0 and touched an intraday high and low of Rs 3362.1 and Rs 3300.0, respectively, in the session so far. Shares of the company of PI Industries Ltd. quoted a 52-week high of Rs 3533.3 and a 52-week low of Rs 1982.45.

Total market cap of the PI Industries Ltd. stood at Rs 50767.16 crore at the time of writing this report.




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 previous quarter’s Rs 1241.3 crore and down 14.34 per cent from the year-ago quarter’s Rs 1068.3 crore.

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

Shareholding pattern

As of 30-Jun-2021, DIIs held 13.21 per cent stake in the company, while foreign institutional investors held 23.73 per cent and the promoters 46.74 per cent.

Valuation ratio

According to BSE data, the stock traded at a price-to-earnings multiple of 65.09 and a price-to-book ratio of 6.41. A higher P/E ratio shows investors are willing to pay a higher price because of better future growth expectations. 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.

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