PI Industries stock price up 0.49 per cent as Sensex climbs
PI Industries Ltd. rose 0.49 per cent to Rs 3449.1 at 01:04PM hours (IST) on Tuesday. Earlier in the day, the stock saw a gap up start to the session.
As per data available on BSE, total traded quantity on the counter stood at 11,447 shares with a turnover of Rs 3.94 crore till 01:04PM (IST). The stock traded at a price-to-earnings (P/E) multiple of 34.99, while the price-to-book value ratio stood at 6.39.
Return on equity (ROE) was at 17.07 per cent, according to exchange data.
The stock hit an intraday high of Rs 3465.95 and a low of Rs 3425.75 during the session and quoted a 52-week high price of Rs 4010.0 and a 52-week low of Rs 2870.0.
The stock's beta value, which measures its volatility in relation to the broader market, stood at 0.56.
Technical Indicators
The 200-DMA (day moving average) of the stock stood at Rs 3501.7 on December 26, while the 50-DMA was at Rs 3573.66.
If a stock trades above 50-DMA and 200-DMA, it usually means the immediate trend is upward. On the other hand, if the stock trades below 50-DMA and 200-DMA, it is considered a bearish trend. If it trades between 50-DMA and 200-DMA, then it suggests the stock can go either way.
The Relative Strength Index (RSI) of the stood at 40.43. The RSI oscillates between zero and 100. Traditionally, a stock is considered overbought when the RSI value stands above 70 and oversold when it is below 30.
