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    PI Industries shares decline 2.01% as Sensex slides

    Synopsis

    A total of 5,535 shares changed hands on the counter till 01:45PM (IST)

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    India 10-year bond yield rose 0.05 per cent to 6.03 after trading in 6.02-6.04 range.
    Shares of the PI Industries Ltd. traded at Rs 3751.1 on BSE at 01:45PM (IST) on Friday, down 2.01 per cent from previous close.

    The stock quoted a 52-week low price of Rs 2870.0 and a high of Rs 4010.0.

    Earlier, shares of the company saw a gap up opening in the morning.

    A total of 5,535 lakh shares changed hands on the counter till 01:45PM (IST).

    The stock of PI Industries Ltd. commands a market value of Rs 56931.47 crore.

    The stock traded at a price-to-earning (P/E) multiple of 42.17, while the price-to-book value ratio stood at 6.39. Return on equity (ROE) was at 17.07 per cent, according to exchange data.

    In the BSE500 pack, 178 stocks traded in the green, while 323 stocks were in the red.

    Promotor Holding
    Promoters held 46.09 per cent in the PI Industries Ltd. as of 30-Jun-2023 while foreign and domestic institutional investors owned 19.17 per cent and 23.78 per cent, respectively.
    The Economic Times

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