Axis Mutual Fund has reduced its shareholding in chemicals company PI Industries, a stock exchange filing showed. Axis Mutual Fund has sold 0.05% stake in PI Industries on January 8, trimming its stake in the company to 2.97% from 3.02% earlier. “Axis Mutual Fund has disposed 0.05% equity shares of Pl Industries Limited on January 08, 2025, thereby reducing the …
The simple things are often overlooked, no matter the field. The company’s management aims to achieve ₹32 billion in organic sales by FY26, supplemented by approximately ₹4 billion from inorganic acquisitions, targeting an overall growth rate of 21% over the years. From 2020 to 2024, sales increased at a compounded annual growth rate of 23%, and net profits rose by …
The specialty chemicals sector is currently grappling with challenges stemming from weak demand and heightened Chinese exports. Read here: InCred cautiously optimistic on defence space; assigns ‘add’ rating to these 4 stocks Jefferies also pointed out that the specialty chemicals industry faces additional challenges in the packaging films segment, particularly with BOPET films constituting 65% of SRF's capacity. Read here: …
PI Industries is one of India's leading agrochemical companies. Offering integrated and innovative products and solutions to its customers, PI enjoys tremendous brand recognition and a strong global presence built over the years on a strong foundation of trust, integrity, and respect. The company's exports grew 34% mainly on account of an increase in revenue of existing products and 19% …
