PI Industries shares down 0.62% as Sensex rises
PI Industries Ltd. fell 0.62 per cent to Rs 4400.0 in Friday's session as of 12:58PM (IST) even as the equity benchmark Sensex traded 64.05 points higher at 81117.24.
Earlier in the day, the stock witnessed a gap up start to the session. The stock quoted a 52-week high price of Rs 4581.8 and a 52-week low of Rs 3060.0 on NSE. Around 684 shares changed hands on the counter till 12:58PM (IST).
The stock opened at Rs 4437.0 and has touched an intraday high and low of Rs 4444.15 and Rs 4375.5 during the session so far. The stock quoted a price-to-earnings (PE) ratio of 38.16, earnings per share (EPS) of Rs 115.17 and price to book value (PB) of 6.74, while the return on equity (ROE) stood at Rs 19.25.
Promoter/ FII Holding
The promoters held 46.09 per cent stake in the company as of August 23, while FII and MF ownerships stood at 18.76 per cent and 15.17 per cent, respectively.
Key Financials With a market capitalisation of Rs 66686.18 crore, the company operates in the Pesticides/Agro Chem industry. For the quarter ended 30-Jun-2024, the company reported consolidated sales of Rs 2141.6 crore, up 19.05 per cent from the previous quarter?s Rs 1798.9 crore and up 9.42 per cent from the same quarter a year ago. The company reported net profit of Rs 448.8 crore for the latest quarter, up 17.21 per cent from the corresponding quarter last year.
Technical Indicators The relative strength index (RSI) of the stock stands at 59.67. The RSI oscillates between zero and 100. Traditionally, it is considered overbought
