PI Industries shares drop 0.71% as Sensex falls
A total of 7,134 shares changed hands on the counter till 11:36AM (IST)
Shares of traded 0.71 per cent down at Rs 3620.7 at 11:36AM (IST) on Tuesday, even as benchmark dropped 3224.86 points to 73243.92. The stock had closed at Rs 3646.6 in the previous session.The stock quoted a 52-week high and 52-week low of Rs 4032.0 and Rs 3060.0, respectively.
As per BSE data, total traded volume on the counter till 11:36AM (IST) stood at 11:36AM shares with turnover at Rs 2.56 crore.
At the current price, the stock trades at 32.54 times its trailing 12-month EPS of Rs 110.83 per share and 6.74 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 46.09 per cent stake in the company as of 31-Mar-2024, while FIIs owned 20.26 per cent and DIIs 24.18 per cent.
Poll Trackers
Source: Stocks-Markets-Economic Times
