PI Industries Share Price: PI Industries shares up 0.31% as Nifty gains

New Delhi: Shares of. At 11:47 am (IST) in Monday’s trade, there was a gain of 0.31 percent. Around 94,706 shares changed hands over the counter.

The counter opened at Rs 3087.15 and touched a high and low of Rs 3149.3 and Rs 3085.5 respectively in the session so far. PI Industries Ltd stock quoted 52-week high of Rs 3533.3 and 52-week low of Rs 2334.35.

PI Industries Limited had a total market cap of Rs 46955.24 Crore as on the writing of this report.

major financial

The company reported consolidated sales of Rs 1415.2 crore for the quarter ended 31-March-2022, up 2.38 per cent from Rs 1382.3 crore in the previous quarter and up by 14.01 per cent from Rs 1241.3 crore in the year-ago quarter.

The net profit for the latest quarter stood at Rs 204.4 crore, a growth of 13.68 per cent over the corresponding quarter of the previous year.

shareholding pattern

As on 31-March-2022, DIIs held 14.84 per cent stake in the firm, while foreign institutional investors held 23.1 per cent and promoters 46.74 per cent.

valuation ratio

As per BSE data, the stock traded at a P/E multiple of 55.65 and a price-to-book ratio of 7.01. A high P/E ratio indicates that investors are willing to pay a higher price due to better future growth expectations. Value-to-book value indicates the underlying value of a company and is a measure of the value that investors are willing to pay even if there is no growth in the business.

PI Industries Ltd. deals with Pesticides/Agrochemical Industry.

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