HomeMarketsShare price of PI Industries falls as Nifty weakens

Share price of PI Industries falls as Nifty weakens

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Shares of . slipped 3.27 per cent to Rs 3056.45 in Friday’s trade as of 02:00PM (IST).

The stock hit a high price of Rs 3179.9 and low of Rs 3050.0 during the session.

The return on equity (ROE) for the stock stood at 13.78 per cent. Traded volume on the counter stood at 02:00PM shares and turnover at Rs 318.18 crore around that time.

The stock of PI Industries Ltd. quoted a 52-week high and 52-week low prices of Rs 3505.0 and Rs 2334.35, 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-2022, while foreign investors held 23.1 per cent and domestic institutional investors had 18.66 per cent.

Key Financials

The company reported consolidated sales of Rs 1567.3 crore for the quarter ended 30-Jun-2022, up 10.75 per cent from previous quarter’s Rs 1415.2 crore and up 28.31 per cent from the year-ago quarter’s Rs 1221.5 crore.

Net profit after tax for the latest quarter stood at Rs 262.4 crore, up 40.17 per cent from the same quarter a year ago.



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