PI Industries hits 52-week low as stock slips 36.77% in five years

GreyOak summary

PI Industries shares fell to a 52-week low of Rs 1,730, dropping 36.77% over five years. Consolidated revenue declined 9.1% due to an 18% contraction in agrochemical exports, while margins fell sharply. Brokerages Nuvama and Motilal Oswal cut earnings estimates and target prices, though Motilal Oswal maintains a 'BUY' rating citing a healthy order book.