PI industries share price: PI Industries shares gain 0.02% as Sensex falls

Shares of Ltd. traded 0.02 per cent up at Rs 2679.5 at 11:13AM (IST) on Friday, even as BSE benchmark Sensex dropped 32.74 points to 48658.06. The stock had settled at Rs 2679.05 in the previous session.

The stock quoted a 52-week high and 52-week low of Rs 2795.0 and Rs 1428.0, respectively.

As per BSE data, total traded volume on the counter till 11:13AM (IST) stood at 11:13AM shares with turnover at Rs 7.02 crore.

At the current price, the stock trades at 61.42 times its trailing 12-month earnings per share of Rs 44.11 per share and 6.16 times its price-to-book value, the exchange 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 31-Mar-2021, while FIIs owned 22.55 per cent and DIIs 18.07 per cent.

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