Share price of PI Industries falls as Sensex drops 497.36 points
A total of 3,742 shares changed hands on the counter till 01:43PM (IST)
Share price of dropped 0.51 per cent to Rs 3559.3 at 01:43PM (IST) in Thursday's trade. The stock hit a high of Rs 3571.15 and low of Rs 3530.0 so far during the session. The stock had closed at Rs 3577.85 in the previous session.The counter had a total traded volume of 01:43PM shares so far with a turnover of Rs 1.32 crore on . The stock traded at a price-to-earnings multiple of 32.17 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
