The counter opened at Rs 2750.0 and touched an intraday high and low of Rs 2787.1 and Rs 2746.55, 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.
As per BSE, the total market cap of the PI Industries Ltd. stood at Rs 42082.81 crore at the time of writing this report.
Key Financials
The company reported consolidated net 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 corresponding quarter last year.
Shareholding pattern
As of 30-Sep-2021, DIIs held 13.06 per cent stake in the company, while foreign institutional investors held 19.71 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 53.95 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.
