PI industries share price: Share price of PI Industries falls as Nifty strengthens

The stock hit a high price of Rs 3025.0 and low of Rs 2994.0 during the session.

The return on equity (ROE) for the stock stood at 13.81 per cent. Traded volume on the counter stood at 11:59AM shares and turnover at Rs 0.47 crore around that time.

The stock of PI Industries Ltd. quoted a 52-week high and 52-week low prices of Rs 3055.0 and Rs 1584.2, respectively.

The Beta value of the counter, which measures its volatility in relation to the broader market, stood at 0.56.

Promotor/FII Holding

Promoters held 46.74 per cent stake in the company as of 31-Mar-2021, while FIIs held 22.55 per cent and domestic institutional investors had 18.07 per cent.

Key Financials

The company reported consolidated sales of Rs 1241.3 crore for the quarter ended 31-Mar-2021, up 3.36 per cent from previous quarter’s Rs 1201.0 crore and up 44.0 per cent from the year-ago quarter’s Rs 862.0 crore.

Net profit after tax for the latest quarter stood at Rs 179.8 crore, up 62.42 per cent from the same quarter a year ago.