PI Industries shares crash 18% after Q2 profit plunges
In short
PI Industries shares fell 18% after the company said its Q2FY27 net profit dropped 57.8% to ₹207.1 crore. The stock also hit a fresh 52-week low.
What the reporting says
PI Industries shares crashed 18% after the company reported a 57.8% decline in net profit to ₹207.1 crore in Q2FY27. The immediate consequence was sharp pressure on the share price.
Why it matters
PI Industries shares fell 18% after the company reported a 57.8% decline in net profit to ₹207.1 crore in Q2FY27. The stock hit a fresh 52-week low, showing a sharp negative market reaction to the earnings update.