India, July 3 -- India's specialty chemicals and agrochemical space continues to draw brokerage attention even amid a cyclical slowdown, and one of the sector's most diversified names is back in the spotlight. With multiple new-age businesses taking shape alongside its core contract manufacturing franchise, the company is being positioned as a long-term innovation-led compounder rather than a purely cyclical agrochemical play.

With a market capitalization of Rs. 40,205 crore, the shares of P I Industries Limited were trading at Rs. 2,650 per share, with a 52-week range of Rs. 4,330 to Rs. 2,541, and it is trading at a P/E of approximately 32x.

Jefferies' Buy Call Jefferies has maintained its 'Buy' rating on the PI industries with a targ...