Shares of PI Industries Ltd fell 3.75% to ₹3,324.00 on Friday, April 4, marking the second straight session of losses for the agrochemical player. The stock has declined over 5% in the last two days following rising concerns around U.S. President Donald Trump’s reciprocal tariff measures.
According to market experts, PI Industries has been expanding its U.S. presence in recent years, with nearly 20% of its revenue coming from the American market. With Trump’s announcement of a 26% tariff on Indian goods—part of a broader tariff realignment on 60 countries—investors fear heightened pricing pressure on Indian chemical exporters.
Agrochemical exporters like PI Industries rely heavily on global contract manufacturing and specialty chemical sales, which may now face margin headwinds due to potential trade disruptions and a weaker demand environment in key geographies.
The stock’s decline comes as part of a broader selloff in the chemicals and export-oriented sectors on April 3 and 4, triggered by fears of rising U.S. protectionism under the new tariff regime.
Pi Industries Share Price history
| Day | Open | Close | Change % |
|---|---|---|---|
|
Thu, Apr 3 2025
|
₹3,470.00
|
₹3,453.35
|
-1.38%
|
|
Wed, Apr 2 2025
|
₹3,445.05
|
₹3,501.60
|
|
|
Tue, Apr 1 2025
|
₹3,420.00
|
₹3,450.40
|
|
|
Fri, Mar 28 2025
|
₹3,507.35
|
₹3,428.20
|
-1.56%
|
|
Thu, Mar 27 2025
|
₹3,399.90
|
₹3,482.65
|
|
|
Wed, Mar 26 2025
|
₹3,463.95
|
₹3,428.05
|
-0.39%
|
|
Tue, Mar 25 2025
|
₹3,515.65
|
₹3,441.60
|
-1.46%
|
|
Mon, Mar 24 2025
|
₹3,456.70
|
₹3,492.50
|
|
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