PI Industries shares drop 0.12% as Sensex rises
PI Industries Ltd. traded 0.12 per cent lower in Friday's session at 12:13PM (IST).
The stock opened at Rs 3640.05 and has touched an intraday high and low of Rs 3647.9 and Rs 3605.0, respectively, during the session so far.
The stock quoted a 52-week high of Rs 4010.0 and a 52-week low of 2870.0. About 1,471 shares changed hands on the counter so far.
Benchmark Nifty50 was up 84.1 points at 19337.9, while the BSE Sensex traded 214.99 points higher at 65046.4 at the time of writing of this report.
In the Nifty pack, 37 stocks traded the day in the green, while 13 were in the red.
Key Financials For the quarter ended 30-Jun-2023, the company reported consolidated sales of Rs 1957.3 crore, up 21.19 per cent from the previous quarter's Rs 1615.1 crore and up 24.88 per cent from the year-ago quarter.
The company reported net profit of Rs 382.9 crore for the latest quarter.
Promoter Holdings Promoters held 46.09 per cent stake in the company as of 30-Jun-2023, while FIIs held 19.17 per cent and MFs 16.79 per cent.
Technicals On the technical charts, the 200-Day Moving Average (DMA) of the stock stood at Rs 3402.9 on September 01, while the 50-DMA was at Rs 3724.99. If a stock trades above 50-DMA and 200-DMA, it usually means the immediate trend is upward.
