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    PI Industries shares down 1.48% as Nifty falls

    Synopsis

    The stock quoted a 52-week high price of Rs 2927.6 and low of Rs 1500.0.

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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.
    Shares of Ltd. rose 1.48 per cent to Rs 2806.95 in Monday's trade. It hit an intraday high of Rs 2848.2 and low of Rs 2797.95, respectively, during the day.

    The stock quoted a 52-week high price of Rs 2927.6 and low of Rs 1500.0.

    As of 12:40PM (IST), the counter saw total traded volume of 2,915 shares with a traded value of Rs 0.82 crore, according to NSE.

    Did you Know?

    Stock score of PI Industries Ltd moved up by 1 in a week.

    View Latest Stock Report »

    The stock had closed at Rs 2849.05 in the previous session.

    The scrip has advanced 9.23 per cent in the past one month till date, while the benchmark BSE Sensex has gained 7.1 per cent during the same period.

    According to exchange data, the stock traded at a price-to-earnings (P/E) multiple of 57.63 while price-to-book ratio stood at 6.16. A higher P/E ratio shows that 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 it reflects the price investors are ready to pay even for no growth in a business.

    The stock belongs to the Pesticides/Agro Chem industry.

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

    Key Financials
    The company reported consolidated sales of Rs 1241.3 crore for the quarter ended 31-Mar-2021, up 3.36 per cent from the previous quarter's Rs 1201.0 crore and up 44.0 per cent from the year-ago quarter's Rs 862.0 crore. Its net profit for the latest quarter stood at Rs 179.8 crore, up 62.42 per cent from the same quarter a year ago.
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