PI Industries shares rise 3.48% as Sensex climbs

Tata Power Company Ltd. shares  rise  1.63% as Nifty  gains

Shares of the Ltd. traded at Rs 2506.6 on BSE at 10:05AM (IST) on Thursday, up 3.48 per cent from previous close.

The scrip quoted a 52-week low price of Rs 1185.2 and a high of Rs 2544.0.

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

A total of 51,478 lakh shares changed hands on the counter till 10:05AM (IST).

The stock of PI Industries Ltd. commands a market value of Rs 38156.69 crore.

The stock traded at a price-to-earning (P/E) multiple of 57.02, while the price-to-book value ratio stood at 6.16. Return on equity (ROE) was at 17.46 per cent, according to exchange data.

In the BSE500 pack, 423 stocks traded in the green, while 77 stocks were in the red.

Promotor Holding

Promoters held 46.75 per cent in the PI Industries Ltd. as of 31-Dec-2020 while overseas and domestic institutional investors owned 21.45 per cent and 19.39 per cent, respectively.

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