PI Industries stock price: PI Industries stock drops 1.52% as Nifty falls
The stock quoted a 52-week high of Rs 3533.3 and a low of Rs 1982.45.
As of 1:09 p.m. (IST), the counter recorded a total trading volume of 10,135 shares with a traded value of Rs 2.8 crore, according to NSE.
The stock had closed at Rs 2796.6 in the previous session.
The certificate is down -5.19% in the last month to date, while the benchmark BSE Sensex has gained 2.86% over the same period.
According to stock data, the stock traded at a price-to-earnings (P/E) multiple of 53.67 while the price-to-book ratio stood at 6.41. A higher P/E ratio shows that investors are willing to pay a higher price for the earnings per rupee generated by the stock due to better future growth expectations. The price-to-book ratio indicates the intrinsic value of a company and reflects the price investors are willing to pay even for a company with no growth.
The stock belongs to the Pesticides/Agro Chemicals industry.
The promoters held a 46.74% stake in the company as of September 30, 2021, while FII and MF’s stake in the company was 19.71% and 13.06%, respectively.
Key financial data
The company reported consolidated sales of Rs 1381.9 crore for the quarter ended September 30, 2021, up 13.13% from Rs 1221.5 crore in the previous quarter and up 16.0% from to Rs 1191.3 crore in the prior year quarter. Its net profit for the last quarter came to Rs 229.6 crore, up 5.51% from the same quarter a year ago.