PI Industries shares rise 1.49 per cent in Friday's trading session
PI Industries Ltd. rose 1.49 per cent to Rs 3695.95 in Friday's trade as of 12:01PM (IST) even as the benchmark Nifty ruled at 19766.95, down 212.2 points. The scrip had closed at Rs 3642.0 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 55903.57 crore on the BSE. On BSE, 2,048 shares have changed hands on the counter so far.
At its prevailing price, the stock traded at 45.46 times its trailing 12-month EPS of Rs 81.05 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-Mar-2023, PI Industries Ltd. reported consolidated sales of Rs 1615.1 crore, down 14.13 per cent from the same quarter a year ago.
The company reported 37.28 per cent YoY growth in net profit at Rs 280.6 crore for the latest quarter.Technical indicators The relative strength index (RSI) of the stock stood at Friday. 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.
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