PI Industries stock price: PI Industries stock price rose 1.26% on rising Nifty.
The stock’s 52-week high was quoted at Rs 4,032.0 and its 52-week low was set at Rs 2,997.05.
According to NSE, as of 12:32 PM IST, the total trading volume was 3,984 shares with a transaction value of Rs 1.49 billion.
The stock closed at Rs 3742.8 in the previous session.
The bond has gained 1.59% in the past month to date, while the benchmark BSE Sensex has fallen -0.94% during the same period.
According to exchange data, the stock traded at a price-to-earnings (P/E) multiple of 35.74 and a price-to-book ratio of 6.39. A higher P/E ratio indicates that investors are willing to pay a higher price for the earnings per rupee that the stock offers due to expectations of better future growth. Price book value represents the intrinsic value of a company and reflects the price investors are prepared to pay even if there is no growth in the business. The stock belongs to the Pesticides/Agrochemicals industry. Promoter/FII holdings
The promoters hold 46.09% stake in the company as on December 31, 2023, while FII and MF ownership in the company is 20.41% and 16.36%, respectively.
main financial
The company reported consolidated revenue of Rs 1953.6 crore for the quarter ended December 31, 2023, down 9.71 per cent from Rs 2163.8 crore in the previous quarter and 17.45 per cent lower than Rs 1663.4 crore in the year-ago period. Its net profit in the latest quarter was Rs 448.6 crore, up 27.52% year-on-year.
