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The company’s robust growth is aided by wide distribution and attractive prices. Its newly launched segments-energy drink and dairy beverages are doing well, it said.

Further, gross margins are expected to remain under pressure even though companies undertook price hikes to pass on input cost inflation. According to brokerage Prabhudas Lilladher, companies undertook a 4-5 per cent hike in prices during the quarter.

A total of 2,885 shares changed hands on the counter till 11:42AM (IST).

Kolte-Patil Developers Ltd. key Products/Revenue Segments include Income from Sale of Commercial Flats, Shops & Plots, Project Management Fees for the year ending 31-Mar-2022.

“IT stocks have already corrected quite a bit from their top and after two or three months, once things settle down a bit, one might find them very attractive from an investment perspective. Our take is that in the short term, there is pain but from a medium to long term, there could be an opportunity.”

Besides this, there are three stock splits lined up for today. Colorchips New Media announced the sub-division of its equity shares from a face value of Rs 10 to Rs 2 per share. Greencrest and Nikhil Adhesives, on the other hand, announced a stock split in the ratio of 1:10 each.

The Nifty Realty index was trading 0.04 per cent down at 420.75.

"In the past, bearish sessions at the beginning of the week have lasted long enough to reach the weekend, so there may be an opportunity for planned averaging except for bitcoin which could turn bullish due to its sudden and significant difficulty increase in its mining network," he added.

PI Industries Ltd., incorporated in the year 1946, is a Large Cap company (having a market cap of Rs 45089.87 Crore) operating in Pesticides/Agro Chemicals sector.

The stock quoted a 52-week high of Rs 298.0 and a 52-week low of Rs 189.85.