PI Industries Ltd. 0.0 per cent to Rs 3618.0 in Tuesday's trade as of 10:35AM (IST) even as the benchmark Nifty ruled at 22286.35, down 119.25 points.
The scrip had closed at Rs 3617.9 in the previous session. The stock quoted a 52-week low of Rs 2870.0 and a high of Rs 4010.0. The company quoted a market-cap of Rs 55292.15 crore on the BSE.
On BSE, 2,369 shares have changed hands on the counter so far. At its prevailing price, the stock traded at 34.72 times its trailing 12-month EPS of Rs 104.97 per share and 6.39 times its book value. The return on equity (ROE) stood at Rs 17.07.
Key Financials For the quarter ended 31-Dec-2023, PI Industries Ltd. reported consolidated sales of Rs 1953.6 crore, down 17.45 per cent from the same quarter a year ago. The company reported 27.52 per cent YoY growth in net profit at Rs 448.6 crore for the latest quarter.
Technical indicators The relative strength index (RSI) of the stock stood at Tuesday. The RSI oscillates between zero and 100. Traditionally, it is considered overbought condition when the RSI value is above 70 and oversold when it is below 30.
Analysts say the RSI indicator should not be seen in isolation, as it may not be sufficient to take a trading call, just the way a fundamental analyst cannot give a «buy» or «sell» recommendation using a single valuation ratio.