PI Industries Share Price falls as Sensex drops 87.2 points

The share price of PI Industries falls as Sensex drops 87.2 points. Promoters held a 46.74 per cent stake in the company as of 30-Sep-2021, while FII and DII stood at 19.71 per cent and 13.06 per cent, respectively.

PI Industries Share Price falls as Sensex drops 87.2 points

In Wednesday's trade, the share price of Ltd. fell 0.43 per cent to Rs 2989.05 at 12:28 IST. During the day, the stock has traded at a high of Rs 3018.9 and a low of Rs 2980.9. In the previous session, the stock had finished at Rs 3002.0.

On the NSE, the counter has had a total traded volume of 4072 shares, with a market capitalization of Rs 1.22 crore. It had a 57.18 price-to-earnings multiple and a 6.41 price-to-book ratio. 

Because of better future growth expectations, a higher price-to-earnings ratio indicates that investors are willing to pay a higher price per rupee earnings provided by the stock. 

The price-to-book value illustrates the amount investors are prepared to pay for a company's underlying value, even if there is no growth in the firm.

The stock has risen 35.09 percent in the last year, while the 30-stock index has gained 26.91 percent. 

The Pesticides/Agro Chem industry is home to PI Industries Ltd.

Promotor/FII Holding 

As of September 30, 2021, promoters owned 46.74 percent of the company, while foreign investors and domestic institutional investors owned 19.71 percent and 13.06 percent, respectively.

Key Financials

The company reported consolidated net sales of Rs 1381.9 crore for the quarter ended 30-Sep-2021, up 13.13 per cent from the previous quarter’s Rs 1221.5 crore and up 16.0 per cent from the year-ago quarter’s Rs 1191.3 crore.

Profit for the latest quarter stood at Rs 229.6 crore, up 5.51 per cent from the same quarter a year ago.