Share price of PI Industries jumps as Sensex gains 246.82 points
A total of 2,082 shares changed hands on the counter till 11:21AM (IST)
Share price of gained 0.83 per cent to Rs 3829.35 at 11:21AM (IST) in Monday's trade. The counter hit a high of Rs 3843.9 and low of Rs 3770.0 so far during the session. The stock had closed at Rs 3797.5 in the previous session.The counter had a total traded volume of 11:21AM shares so far with a turnover of Rs 0.8 crore on . The stock traded at a price-to-earnings multiple of 34.39 and a price-to-book ratio of 6.74.
A higher price-to-earnings ratio shows 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 is the measure of the price that investors are ready to pay even for no growth in the business.
belongs to the Pesticides/Agro Chem industry.
Promotor/FII Holding
Promoters held 46.09 per cent stake in the company as of 31-Mar-2024, while overseas investors and domestic institutional investors ownership stood at 20.26 per cent and 24.18 per cent, respectively.
Key Financials
The firm reported consolidated sales of Rs 1798.9 crore for the quarter ended 31-Mar-2024, down 7.92 per cent from the previous quarter's Rs 1953.6 crore and down 11.38 per cent from the year-ago quarter's Rs 1615.1 crore.
Its profit for the latest quarter stood at Rs 369.5 crore, up 31.68 per cent from the same quarter a year ago.
Source: Stocks-Markets-Economic Times
