• BSE
  • NSE
    • {{d.cmpname}}
    • {{d.price}}
    • ({{d.PerChg}}%)
Equity | News | Hot Pursuit
Hot Pursuit
P I Industries spurts after strong Q3 results
(09:51, 12 Feb 2019)
The result was announced after market hours yesterday, 11 February 2019.

Meanwhile, the S&P BSE Sensex was down 30.86 points, or 0.08% to 36,364.17.

On the BSE, 15,000 shares were traded in the counter so far compared with average daily volumes of 3,218 shares in the past two weeks. The stock had hit a high of Rs 913.70 and a low of Rs 850 so far during the day. The stock hit a 52-week high of Rs 930 on 26 February 2018. The stock hit a 52-week low of Rs 691.80 on 1 October 2018.

P I Industries said Q3 revenue growth was supported by about 40% year-on-year (YoY) growth in exports on account of ramp up in demand of existing products. Domestic revenue grew by 9% YoY despite soft demand in the current quarter on account of poor pattern of rainfall in rabi and low agri produce prices.

Earnings before interest, tax, depreciation and amortization (EBITDA) during Q3 came in at Rs 149 crore, higher by 42% YoY, with margins at 21%, contributed by better product mix and improved realization and operating leverage benefit.

Cash surplus was at Rs 204 crore as on 31 December 2018.

P I Industries focuses on complex chemistry solutions in agri-sciences. It currently operates a strong infrastructure set-up consisting 3 formulation facilities as well as 8 multi-product plants under its 3 manufacturing locations.

Powered by Capital Market - Live News

DB (International) Stock Brokers Limited: SEBI Reg. No.-INZ000179035 / CDSL : IN-DP-CDSL-266-2004 MCX-SX:INE 260643233/21500(CD)
Daga Commodities Private Limited: SEBI Reg. No. INZ000028833
Investor Grievances Email ID: compliance@dbonline.in & investors@dbonline.in
Copyright © 2016 All rights Reserved DB (International) Stock Brokers Ltd.     Designed, Developed and content powered by C-MOTS Infotech( ISO 9001:2015 certified )
"KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary."         "Prevent Unauthorized Transactions in your demat account --> Update your Mobile Number with your Depository Participant. Receive alerts on your Registered Mobile for all debit and other important transactions in your demat account directly from CDSL on the same day......................issued in the interest of investors."          "No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account."
Attention Investors ::
subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries