Share price of PI Industries as Sensex drops 361.94 points

The share price of PI Industries Ltd. 0.16 per cent to Rs 4485.45 at 11:30AM (IST) in Thursday’s trade. The counter has hit a high of Rs 4552.00 and low of Rs 4467.75 so far during the session. The stock had closed at Rs 4493.05 in the previous session.

The counter has had a total traded volume of 686 shares so far with a value of Rs 0.31 crore on the NSE. It traded at a price-to-earnings multiple of 38.94 and a price-to-book ratio of 6.74.

A higher price-to-earnings 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 31.89 per cent during the past one year, while the 30-share index advanced 21.690000534057617 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 30-Sep-2024, while foreign investors and domestic institutional investors ownership stood at 19.02 per cent and 15.27 per cent, respectively.

Key Financials
The firm reported consolidated sales of Rs 2141.6000 crore for the quarter ended 30-Jun-2024, 19.05 per cent from the previous quarter’s Rs 1798.9000 crore and 9.42 per cent from the year-ago quarter’s Rs 1957.3000 crore.

for the latest quarter stood at Rs 448.8 crore, 17.21 per cent from the same quarter a year ago.