As of 01:47 PM (IST) on Tuesday, the share price of PI Industries Ltd. went down by 1.41%, sitting at Rs 3544.95. During the trading session today, the stock reached a high of Rs 3617.00 and a low of Rs 3521.00. Yesterday, it closed at Rs 3595.85.
So far, the trading volume is strong with many shares changing hands, resulting in a turnover of Rs 1.07 crore on the BSE. Looking at the company’s earnings, the stock is valued at a price-to-earnings (P/E) ratio of 30.23. This means that investors believe the company will perform well in the future and are willing to pay more for its shares. The price-to-book ratio is 6.74, which shows how much investors are willing to pay compared to the company’s actual value, even if it doesn’t grow much.
PI Industries Ltd. is a part of the Pesticides/Agro Chemical industry. As of December 31, 2024, the promoters own 46.09% of the company. Foreign investors hold 18.46%, and domestic institutional investors have a 27.06% stake.
In terms of financials, PI Industries reported sales of Rs 2343.20 crore for the quarter ending on September 30, 2024. This is an increase of 9.41% from the last quarter and 8.29% compared to the same quarter last year. Their profit for this latest quarter stood at Rs 508.2 crore, which is up by 5.76% from the same time last year.
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