PI Industries Share Price: Share price of PI Industries falls as Sensex drops 118.74 points

The share price of Ltd. dropped 0.83 per cent to Rs 3368.15 at 12:14PM (IST) in Wednesday’s trade. The counter has hit a high of Rs 3456.25 and low of Rs 3329.7 so far during the session. The stock had closed at Rs 3396.4 in the previous session.

The counter has had a total traded volume of 13510 shares so far with a value of Rs 4.58 crore on the NSE. It traded at a price-to-earnings multiple of 65.56 and a price-to-book ratio of 6.16.

A higher price-to-earnings 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 reflects the price investors are willing to pay even for no growth in the business.

The scrip gained 81.11 per cent during the past one year, while the 30-share index advanced 49.44 per cent during the same period.

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 overseas investors and domestic institutional investors ownership stood at 19.64 per cent and 13.21 per cent, respectively.

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

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

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