Monday , 18 October 2021
Breaking News
PI Industries trades jubilantly on reporting 29% rise in Q1 consolidated net profit

PI Industries trades jubilantly on reporting 29% rise in Q1 consolidated net profit

PI Industries is currently trading at Rs. 3236.65, up by 288.20 points or 9.77% from its previous closing of Rs. 2948.45 on the BSE.

The scrip opened at Rs. 2980.00 and has touched a high and low of Rs. 3243.25 and Rs. 2962.00 respectively. So far 58854 shares were traded on the counter.

The BSE group ‘A’ stock of face value Rs. 1 has touched a 52 week high of Rs. 3309.00 on 20-Jul-2021 and a 52 week low of Rs. 1750.00 on 31-Jul-2020.

Last one week high and low of the scrip stood at Rs. 3243.25 and Rs. 2895.05 respectively. The current market cap of the company is Rs. 47977.82 crore.

The promoters holding in the company stood at 46.74%, while Institutions and Non-Institutions held 41.62% and 11.64% respectively.

PI Industries has reported 39.42% rise in its net profit at Rs 183.90 crore for the quarter ended June 30, 2021 as compared to net profit of Rs 131.90 crore for the same quarter in the previous year. Total income of the company increased by 16.54% at Rs 1133.20 crore for Q1FY22 as compared Rs 972.40 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported a rise of 28.66% in its net profit at Rs 187.20 crore for the quarter ended June 30, 2021 as compared to net profit of Rs 145.50 crore for the same quarter in the previous year. Total income of the company increased by 14.34% at Rs 1221.50 crore for Q1FY22 as compared Rs 1068.30 crore for the corresponding quarter previous year.

Download App to read Latest News Today