{"id":144492,"date":"2023-04-28T08:29:10","date_gmt":"2023-04-28T12:29:10","guid":{"rendered":"https:\/\/44.250.171.167\/?p=144492"},"modified":"2023-04-28T08:29:11","modified_gmt":"2023-04-28T12:29:11","slug":"the-immense-growth-of-pi-industries-limited","status":"publish","type":"post","link":"https:\/\/alphastreet.com\/india\/the-immense-growth-of-pi-industries-limited\/","title":{"rendered":"The Immense Growth of PI Industries Limited"},"content":{"rendered":"\n

\u201cOur Branded products for crops including Cotton, Rice, Chili, Horticulture and Wheat, have performed well. With a portfolio of advanced brands, we have carved out leadership in respective categories. Further, we are recording attractive responses to the spate of new brands that we have recently introduced into the domestic market; one of the highest number of launches in the industry in a year.\u00a0<\/em>“<\/p>– Mr. Mayank Singhal, Executive Vice Chairman and Managing Director in Q3FY23 Concall<\/em>
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Stock Data<\/strong><\/td><\/tr>
Ticker<\/strong><\/td>PIIND<\/strong><\/td><\/tr>
Exchange<\/strong><\/td>NSE<\/strong><\/td><\/tr>
Industry<\/strong><\/td>CHEMICALS<\/strong><\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n
Price Performance<\/strong><\/td><\/tr>
Last 5 Days<\/strong><\/td>+7.11%<\/strong><\/td><\/tr>
YTD<\/strong><\/td>-1.00%<\/strong><\/td><\/tr>
Last 12 Months<\/strong><\/td>+18.58%<\/strong><\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n

*As of 28.04.2023<\/p>\n\n\n\n

Company Description:<\/strong><\/h2>\n\n\n\n

PI Industries Ltd. has a diversified business portfolio that includes agrochemicals, custom synthesis, and contract manufacturing. The company operates through two main segments, namely Agri-inputs and Custom Synthesis & Manufacturing. The Agri-inputs segment produces insecticides, herbicides, fungicides, and plant growth regulators for crop protection. The Custom Synthesis & Manufacturing segment provides contract research and manufacturing services to global customers in the pharmaceuticals, agrochemicals, and specialty chemicals sectors.<\/p>\n\n\n\n


Future Prospects:<\/strong><\/h2>\n\n\n\n

PI Industries Ltd. is well positioned to benefit from the growing demand for agrochemicals globally. The company has a strong R&D team that enables it to develop new and innovative products that cater to the needs of farmers. The company is also expanding its manufacturing capacity to meet the growing demand for its products. PI Industries Ltd. is exploring new markets and partnerships to expand its reach and increase its market share.<\/p>\n\n\n\n


Key Strengths:<\/strong>
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“Dynamics within the global speciality chemicals industry are evolving to realise higher value procurement of products from India, where the country stands out both in terms of quality, processes, and technology. Global clients are prioritising diversification of sourcing to India, even as the country develops an integrated value chain in key chemistries. Our order book at the end of the quarter stood at around US$ 1.8 billion, indicative of the confidence the innovators repose in our business model and delivery.<\/em>“<\/p>– Mr. Mayank Singhal, Executive Vice Chairman and Managing Director in Q3FY23 Concall<\/em>
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