PI Industries surges on reporting 6% rise in Q2 consolidated net profit
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PI Industries is currently trading at Rs. 2820.00, up by 82.05 points or 3.00% from its previous closing of Rs. 2737.95 on the BSE.
The scrip opened at Rs. 2755.00 and has touched a high and low of Rs. 2836.85 and Rs. 2747.70 respectively. So far 11435 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 3533.30 on 14-Sep-2021 and a 52 week low of Rs. 1982.45 on 02-Feb-2021.
Last one week high and low of the scrip stood at Rs. 2810.00 and Rs. 2702.70 respectively. The current market cap of the company is Rs. 42745.82 crore.
The promoters holding in the company stood at 46.74%, while Institutions and Non-Institutions held 41.36% and 11.90% respectively.
PI Industries has reported a rise of 9.99% in its net profit at Rs 230.10 crore for second quarter ended September 30, 2021 as compared to Rs 209.20 crore for the same quarter in the previous year. Total income of the company increased by 16% at Rs 1278.40 crore for Q2FY22 as compared Rs 1102 crore for the corresponding quarter previous year.
On the consolidated basis, the company has reported a rise of 5.51% in its net profit at Rs 229.60 crore for second quarter ended September 30, 2021 as compared to Rs 217.60 crore for the same quarter in the previous year. Total income of the company increased by 16% at Rs 1381.90 crore for Q2FY22 as compared Rs 1191.30 crore for the corresponding quarter previous year.
