Name: Latest research reports of PI Industries Ltd. authored by Motilal Oswal and published by - Trendlyne research reports.
Item: PI Industries Ltd.
Rating: 5
Author: Motilal Oswal

Healthy performance despite a weak domestic business

Buy: PI Industries Ltd.

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Motilal Oswal

PI Industries (PI)’s revenue grew 11% YoY in 4QFY24, led by a healthy growth
in the CSM business (up 9% YoY) and incremental revenue from the Pharma
business, which was absent in 4QFY23 (revenue mix of ~4% in 4QFY24).