PI Industries Q2: Net Profit Declines 70.19% YoY To Rs122 Cr As Agchem Exports Face Pricing Pressures And Margin Headwinds
India, Nov. 5 -- Global agrochemical makers are going through a rough patch. Patent expiries are dragging prices down, buyers are cautious, and unpredictable weather keeps farmers guessing. Indian companies that make products for global innovators feel this first, which is why diversification is the theme of the season.
The Nifty 50 was trading at 24,412.45, up 1.89%. Meanwhile, Sensex also rose 2.01% to 78,860.75 on Wednesday. Meanwhile, Shares of P I Industries Ltd. were trading at Rs. 1,870.00, down 14.49 percent from previous close of Rs. 2,187.00. The stock opened at Rs. 2,057.20 and reached an intraday high of Rs. 2,077.70 and low of Rs. 1,791.00. The company currently has a market capitalization of Rs. 28,476 crores.
What's the ...
Click here to read full article from source
इस लेख के रीप्रिंट को खरीदने या इस प्रकाशन का पूरा फ़ीड प्राप्त करने के लिए, कृपया
हमे संपर्क करें.