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    PI Industries shares drop 1.05% as Sensex falls

    Synopsis

    A total of 4,586 shares changed hands on the counter till 12:27PM (IST)

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    Sensex and Nifty shed more than 9 per cent last week, and the indices entered bear market territory, and the bottom is not yet in sight.

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    Shares of the Ltd. traded at Rs 2665.6 on BSE at 12:27PM (IST) on Wednesday, down 1.05 per cent. The stock quoted a 52-week low price of Rs 1428.0 and a high of Rs 2733.35.

    Earlier in the day, the stock saw a gap down opening.

    At the prevailing price, the stock traded at 61.19 times its trailing 12-month EPS of Rs 44.11 per share and 6.16 times its book value, as per BSE data.

    A total of 4,586 shares changed hands on the counter till 12:27PM (IST). The stock commands a market value of Rs 40948.72 crore and is part of the Pesticides/Agro Chem industry.

    The scrip has been an outperformer , up 76.27 per cent in the past one year in comparison with a 44.89 per cent gain in Sensex.

    During the day, the stock moved between Rs 2713.85 and Rs 2659.5.

    Promoter/FII Holding
    Promoters held 46.74 per cent in the company as of 31-Mar-2021. FII and MF ownership in PI Industries Ltd. stood at 19.35 per cent and 13.86 per cent, respectively.
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