PI Industries Slumps 19.1% on 34.0x Volume, Nears 52-Week Low
MarketPulse summary: PI Industries (PIIND) fell 19.07% to ₹1,770.00 on volume 34.0 times its three-month average.
📊 Key Numbers
🔎 The Move
PI Industries shares collapsed 19.07% on 5 Nov 2026, closing at ₹1770 against the previous close of ₹2187, as a disappointing set of Q2 results sent the stock to a six-year low.
The scale of the move was matched by extraordinary trading activity. Volume reached 10,086,728 shares, compared with a three-month average of 296,696, making turnover 34 times the usual level. Such a spike shows that the decline drew far heavier participation than a routine session, with the market repricing the pesticides and agrochemicals company sharply after the results headline. PI Industries’ market capitalisation stood at ₹26,852 Cr.
The close also left the stock deep in weak technical territory. It sat below the 50-day moving average of ₹2262.18 and the 200-day moving average of ₹2718.98, indicating that the latest fall extended an already subdued position rather than merely interrupting a strong trend. Against a 52-week high of ₹3832.9 and low of ₹1749.5, the stock finished just 1% of the way up its annual range, close to the bottom. For retail investors, that placement shows how far the price has retreated over the year; it does not, by itself, establish that the decline has ended.
The next session’s data will show whether volume remains elevated and whether the stock holds above the ₹1749.5 52-week low. The gap to the 50-day average is another clear reference point, while further company disclosures around the Q2 results remain the relevant headline flow to monitor.
📰 Recent Headlines
- PI Industries tanks 15%, hits 6-year low on disappointing Q2 results
Data from NSE and public market sources, compiled automatically by MarketPulse. Figures may be delayed or revised. This is not investment advice.