The scrip opened at Rs 2905.0 and touched an intraday high and low of Rs 2918.75 and Rs 2886.7, respectively, in the session so far. The stock 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 44076.39 crore at the time of writing this report.
Key Financials
The company reported consolidated sales of Rs 1381.9 crore for the quarter ended 30-Sep-2021, up 13.13 per cent from previous quarter’s Rs 1221.5 crore and up 16.0 per cent from the year-ago quarter’s Rs 1191.3 crore.
The net profit for latest quarter stood at Rs 229.6 crore, up 5.51 per cent from the same quarter a year ago.
Shareholding pattern
As of 30-Sep-2021, domestic institutional investors 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 P/E multiple of 55.65 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.