Share price of PI Industries rises as Nifty strengthens

Shares of PI Industries Ltd. gained 1.11 per cent to Rs 3495.0 in Thursday's trade as of 11:16AM (IST).

The stock hit a high price of Rs 3498.0 and low of Rs 3448.55 during the session.

The return on equity (ROE) for the stock stood at 17.07 per cent. Traded volume on the counter stood at 11:16AM shares and turnover at Rs 0.95 crore around that time.


The stock of PI Industries Ltd. quoted a 52-week high and 52-week low prices of Rs 4010.0 and Rs 2870.0, respectively.

The Beta value of the counter, which measures its volatility in relation to the broader market, stood at 0.56.

Promotor/FII Holding
Promoters held 46.09 per cent stake in the company as of 30-Sep-2023, while FIIs held 20.01 per cent and domestic institutional investors had 23.01 per cent.

Key Financials
The company reported consolidated sales of Rs 2163.8 crore for the quarter ended 30-Sep-2023, up 10.55 per cent from previous quarter's Rs 1957.3 crore and up 20.1 per cent from the year-ago quarter's Rs 1801.7 crore.

Net profit after tax for the latest quarter stood at Rs 480.5 crore, up 43.52 per cent from the same quarter a year ago.