Sharekhan is bullish on PI Industries has recommended buy rating on the stock with a target price of Rs 1200 in its research report dated March 14, 2019.
Of the agrochemical stocks, we find PI Industries and Insecticides India on track for growth and would recommend to keep these on radar and accumulate for long term portfolio in a staggered manner.
After strong results, the stock has seen a sharp uptick intraday, however, it is still 5 percent below its 52-week high, at a 2020e PE of 22x. With a strong order book line up, improved exports and backward integration we expect the current performance to sustain.
Motilal Oswal is bullish on PI Industries has recommended buy rating on the stock with a target price of Rs 1023 in its research report dated February 12, 2019.
HDFC Securities is bullish on PI Industries has recommended buy rating on the stock with a target price of Rs 956 in its research report dated October 29, 2018.
A spurt in raw material costs due to strained supply from China continued to impact the margins.
Cholamandalam Securities is bullish on PI Industries has recommended buy rating on the stock with a target price of Rs 941 in its research report dated October 05, 2018.
Cholamandalam Securities is bullish on PI Industries has recommended buy rating on the stock with a target price of Rs 985 in its research report dated August 09, 2018.
HDFC Securities is bullish on PI Industries has recommended buy rating on the stock with a target price of Rs 900 in its research report dated 07 Aug 2018.
Dolat Capital recommended accumulate rating on PI Industries with a target price of Rs 877 in its research report dated August 08, 2018.
With a strong order book line-up and removal of current hiccups, we see the stock as an attractive pick
Dolat Capital recommended accumulate rating on PI Industries with a target price of Rs 878 in its research report dated July 19, 2018.
Cholamandalam Securities is bullish on PI Industies has recommended buy rating on the stock with a target price of Rs 985 in its research report dated May 17, 2018.
Edelweiss is bullish on PI Industries has recommended buy rating on the stock with a target price of Rs 954 in its research report dated May 16, 2018.
Motilal Oswal is bullish on PI Industries has recommended buy rating on the stock with a target price of Rs 958 in its research report dated May 16, 2018.
Sharekhan has recommended hold rating on PI Industries with a target price of Rs 940 in its research report dated March 06, 2018.
Motilal Oswal is bullish on PI Industries has recommended buy rating on the stock with a target price of Rs 988 in its research report dated February 06, 2018.
HDFC Securities is bullish on PI Industries has recommended buy rating on the stock with a target price of Rs 830 in its research report dated October 28, 2017.
Motilal Oswal is bullish on PI Industries has recommended buy rating on the stock with a target price of Rs 890 in its research report dated October 27, 2017.
Despite a weak performance in Q2 of this fiscal year and H1FY18, there seems to be greater visibility for growth in the coming quarters.
Edelweiss is bullish on PI Industries has recommended buy rating on the stock with a target price of Rs 944 in its research report dated October 27, 2017.
Motilal Oswal is bullish on PI Industries has recommended buy rating on the stock with a target price of Rs 894 in its research report dated August 14, 2017.
Axis Direct is bullish on PI Industries has recommended buy rating on the stock with a target price of Rs 980 in its research report dated Jun 08, 2017.
Yes Securities has recommended accumulate rating on PI Industries with a target price of Rs 940 in its research report dated May 19, 2017.
HDFC Securities is bullish on PI Industries has recommended buy rating on the stock with a target price of Rs 950 in its research report dated May 17, 2017.