PI Industries Ltd.

NSE: PIIND | BSE: 523642 | ISIN: INE603J01030 |Industry: Agrochemicals
|Expensive Star
2197.20 39.05 (1.81%)
NSE Oct 30, 2020 15:31 PM
Volume: 533.0K
 

PI Industries Ltd.    
10 Sep 2020
2197.20
1.81%
Nirmal Bang Institutional
Dip in RoE offsets business and earnings growth outlook PI Industries offers visible growth in topline and earnings from three new units started over 4QFY20 and 1HFY21 as per the Indian agrochem CSM leader's FY20 annual report. The management has also discussed initiatives to beef up R&D; capabilities (i) to increase the pace of commercialization of molecules to at least 10 every year and (ii) new chemistry, including the latest in flourination process. New product launches and Isagro Asia acquisition are added growth catalysts that will likely support healthy growth in PI's CSM segment. This is based on innovators looking to Indian companies as alternative sources for...
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PI Industries Ltd. is trading above all available SMAs
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