Share price of PI Industries jumps as Sensex gains 302.28 points

The share price of PI Industries Ltd. gained 0.22 per cent to Rs 3639.45 at 01:18PM (IST) in Thursday's trade. The counter has hit a high of Rs 3663.5 and low of Rs 3621.15 so far during the session. The stock had closed at Rs 3631.4 in the previous session.

The counter has had a total traded volume of 1277 shares so far with a value of Rs 0.47 crore on the NSE. It traded at a price-to-earnings multiple of 33.05 and a price-to-book ratio of 6.74.

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 0.56 per cent during the past one year, while the 30-share index advanced 22.81 per cent during the same period.

PI Industries Ltd. belongs to the Pesticides/Agro Chem industry.

Promotor/FII Holding
Promoters held 46.09 per cent stake in the company as of 31-Mar-2024, while overseas investors and domestic institutional investors ownership stood at 20.26 per cent and 14.99 per cent, respectively.

Key Financials
The firm reported consolidated sales of Rs 1798.9 crore for the quarter ended 31-Mar-2024, down 7.92 per cent from the previous quarter's Rs 1953.6 crore and down 11.38 per cent from the year-ago quarter's Rs 1615.1 crore.

Profit for the latest quarter stood at Rs 369.5 crore, up 31.68 per cent from the same quarter a year ago.