Share price of PI Industries falls as Sensex gains 20.17 points

Share price of PI Industries Ltd. dropped 0.28 per cent to Rs 2842.75 at 12:32PM (IST) in Thursday's trade. The stock hit a high of Rs 2882.15 and low of Rs 2822.4 so far during the session. The stock had closed at Rs 2850.6 in the previous session.

The counter had a total traded volume of 12:32PM shares so far with a turnover of Rs 2.58 crore on BSE. The stock traded at a price-to-earnings multiple of 52.59 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 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.

Promotor/FII Holding
Promoters held 46.74 per cent stake in the company as of 31-Dec-2021, while foreign investors and domestic institutional investors ownership stood at 24.39 per cent and 17.47 per cent, respectively.

Key Financials
The firm reported consolidated sales of Rs 1382.3 crore for the quarter ended 31-Dec-2021, up 0.03 per cent from the previous quarter's Rs 1381.9 crore and up 15.1 per cent from the year-ago quarter's Rs 1201.0 crore.

Its profit for the latest quarter stood at Rs 222.6 crore, up 13.92 per cent from the same quarter a year ago.