PI Industries' stock dropped 4.8% on Nov. 12, 2025, after a 19% YoY profit decline and revenue drop due to weak demand.

PI Industries shares fell 4.81% to ₹3,599.05 on November 12, 2025, amid a 19% year-on-year drop in consolidated net profit to ₹409.30 crore for Q2FY26, with revenue declining 16.58% to ₹1,954.80 crore. The company cited lower demand in domestic and export markets. Despite a 10.87% profit drop in the latest quarter and a 6.80% rise in stock price over five days, the company remains financially stable with a low debt-to-equity ratio. Analysts maintain mixed ratings, and mutual fund holdings rose to 20.47% as of September 30, 2025, while FII holdings fell to 16.42%. The stock’s beta of 1.36 reflects higher volatility.