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    PI Industries shares decline 1.29% as Sensex climbs

    Synopsis

    A total of 18,672 shares changed hands on the counter till 02:14PM (IST)

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    The price band may move up or down to the extent of 20 per cent of the floor price and the cap price is revised accordingly.

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    Shares of the Ltd. traded at Rs 2638.25 on BSE at 02:14PM (IST) on Thursday, down 1.29 per cent from previous close.

    The stock quoted a 52-week low price of Rs 1428.0 and a high of Rs 2710.0.

    Earlier, shares of the company saw a gap up opening in the morning.

    A total of 18,672 lakh shares changed hands on the counter till 02:14PM (IST).

    The stock of PI Industries Ltd. commands a market value of Rs 39918.55 crore.

    The stock traded at a price-to-earning (P/E) multiple of 59.65, while the price-to-book value ratio stood at 6.16. Return on equity (ROE) was at 17.46 per cent, according to exchange data.

    In the BSE500 pack, 283 stocks traded in the green, while 217 stocks were in the red.

    Promotor Holding
    Promoters held 46.74 per cent in the PI Industries Ltd. as of 31-Mar-2021 while foreign and domestic institutional investors owned 22.55 per cent and 18.07 per cent, respectively.
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