The share price of PI Industries Ltd. gained 3.24 per cent to Rs 2840.1 at 10:56AM (IST) in Tuesday’s trade. The stock has hit a high of Rs 2852.0 and low of Rs 2737.8 so far during the session. The stock had closed at Rs 2750.85 in the previous session.
The counter has had a total traded volume of 7816 shares so far with a value of Rs 2.2 crore on the NSE. It traded at a price-to-earnings multiple of 52.54 and a price-to-book ratio of 6.41.
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 reflects the price investors are willing to pay even for no growth in the business.
The scrip gained 25.06 per cent during the past one year, while the 30-share index advanced 17.91 per cent during the same period.
PI Industries Ltd. belongs to the Pesticides/Agro Chem industry.
Promotor/FII Holding
Promoters held 46.74 per cent stake in the company as of 31-Dec-2021, while FIIs and domestic institutional investors ownership stood at 18.88 per cent and 13.61 per cent, respectively.
Key Financials
The firm reported consolidated net sales of Rs 1382.3 crore for the quarter ended 31-Dec-2021, up 0.03 per cent from the previous quarter’s Rs 1381.9 crore and up 15.1 per cent from the year-ago quarter’s Rs 1201.0 crore.
Profit for the latest quarter stood at Rs 222.6 crore, up 13.92 per cent from the same quarter a year ago.
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The share price of PI Industries Ltd. gained 3.24 per cent to Rs 2840.1 at 10:56AM (IST) in Tuesday’s trade. The stock has hit a high of Rs 2852.0 and low of Rs 2737.8 so far during the session. The stock had closed at Rs 2750.85 in the previous session. The counter has had a total traded volume of 7816 shares so far with a value of Rs 2.2 crore on the NSE. It traded at a price-to-earnings multiple of 52.54 and a price-to-book ratio of 6.41. 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 reflects the price investors are willing to pay even for no growth in the business. The scrip gained 25.06 per cent during the past one year, while the 30-share index advanced 17.91 per cent during the same period. PI Industries Ltd. belongs to the Pesticides/Agro Chem industry. Promotor/FII Holding Promoters held 46.74 per cent stake in the company as of 31-Dec-2021, while FIIs and domestic institutional investors ownership stood at 18.88 per cent and 13.61 per cent, respectively. Key Financials The firm reported consolidated net sales of Rs 1382.3 crore for the quarter ended 31-Dec-2021, up 0.03 per cent from the previous quarter’s Rs 1381.9 crore and up 15.1 per cent from the year-ago quarter’s Rs 1201.0 crore. Profit for the latest quarter stood at Rs 222.6 crore, up 13.92 per cent from the same quarter a year ago. (What’s moving Sensex and Nifty Track latest market news, stock tips and expert advice on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds.) Download The Economic Times News App to get Daily Market Updates & Live Business News.