PI Industries shares decline 1.18% as Sensex slides

Shares of the PI Industries Ltd. traded at Rs 3231.4 on BSE at 11:53AM (IST) on Wednesday, down 1.18 per cent from previous close.

The stock quoted a 52-week low price of Rs 2352.95 and a high of Rs 3698.5.

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

A total of 2,404 lakh shares changed hands on the counter till 11:53AM (IST).

The stock of PI Industries Ltd. commands a market value of Rs 49161.98 crore.

The stock traded at a price-to-earning (P/E) multiple of 42.62, while the price-to-book value ratio stood at 7.01. Return on equity (ROE) was at 13.78 per cent, according to exchange data.

In the BSE500 pack, 86 stocks traded in the green, while 415 stocks were in the red.

Promotor Holding
Promoters held 46.09 per cent in the PI Industries Ltd. as of 31-Dec-2022 while foreign and domestic institutional investors owned 18.6 per cent and 24.24 per cent, respectively.