PI Industries gains on entering into strategic partnership with BASF

10 May 2017

PI Industries is currently trading at Rs. 845.00, up by 5.05 points or 0.60 % from its previous closing of Rs. 839.95 on the BSE.

The scrip opened at Rs. 853.35 and has touched a high and low of Rs. 857.75 and Rs. 838.35 respectively. So far 10721 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 950.10 on 02-Feb-2017 and a 52 week low of Rs. 592.00 on 24-May-2016.

Last one week high and low of the scrip stood at Rs. 873.45 and Rs. 832.60 respectively. The current market cap of the company is Rs. 11571.04 crore.

The promoters holding in the company stood at 51.55%, while Institutions and Non-Institutions held 35.31% and 12.98% respectively.

PI Industries, a major agro-chemical company in India, has entered into a strategic partnership with BASF, one of the world’s leading chemical companies and a well-known name in the in the crop protection industry to offer farmers in India a broader portfolio of crop protection solutions,. The company will market BASF’s innovative fungicide technologies for rice, maize, fruits and vegetables as well as a new herbicide for maize. Following this partnership model, both companies aim to enhance their market participation in these important crops segments.

PI Industries operates three formulation and two manufacturing facilities as well as eight multi-product plants under its three business units across Gujarat. These state-of-art facilities have integrated process development teams with in-house engineering capabilities.

Related PI Industries Ltd. Links:

PI Industries Share Price

2560.65 -104.45 (-3.92%) May 07, 18:03
1 Year Price Chart
Company Name CMP
UPL 628.85
BASF India 2453.60
Bayer CropScience 5314.65
PI Industries 2560.65
Rallis India 289.85
View more..
Sensex vs PI Industries
Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323