PI Industries shares drop 0.64% as Sensex rises
A total of 27,010 shares changed hands on the counter till 01:39PM (IST)
Shares of traded 0.64 per cent down at Rs 3691.0 at 01:39PM (IST) on Tuesday, even as benchmark gained 167.17 points to 73815.79. The scrip had closed at Rs 3715.05 in the previous session.The stock quoted a 52-week high and 52-week low of Rs 4032.0 and Rs 3015.15, respectively.
As per BSE data, total traded volume on the counter till 01:39PM (IST) stood at 01:39PM shares with turnover at Rs 9.99 crore.
At the prevailing price, the stock trades at 35.11 times its trailing 12-month EPS of Rs 104.97 per share and 6.39 times its price-to-book value, BSE data showed.
A higher P/E ratio shows investors are willing to pay a higher share price today because of growth expectations in the future. 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.
The Beta value of the stock, which measures its volatility in relation to the broader market, stood at 0.56.
Shareholding Details
Promoters held 92.18 per cent stake in the company as of 31-Mar-2024, while FIIs owned 40.52 per cent and DIIs 48.36 per cent.
Source: Stocks-Markets-Economic Times
