Finace And Stock

Share price of PI Industries jumps as Sensex gains 687.24 points

The share price of Ltd. gained 0.72 per cent to Rs 3208.85 at 12:39PM (IST) in Thursday’s trade. The counter has hit a high of Rs 3223.6 and low of Rs 3183.0 so far during the session. The stock had closed at Rs 3186.05 in the previous session.

The counter has had a total traded volume of 5839 shares so far with a value of Rs 1.87 crore on the NSE. It traded at a price-to-earnings multiple of 62.36 and a price-to-book ratio of 6.41.

A higher P/E 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 56.27 per cent during the past one year, while the 30-share index advanced 60.14 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 foreign 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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