Getty ImagesShares of Ltd. traded 0.67 per cent up at Rs 2972.95 at 11:24AM (IST) on Wednesday, even as BSE benchmark Sensex gained 60.24 points to 52829.97.
The stock had closed at Rs 2953.1 in the previous session. The stock quoted a 52-week high price of Rs 3055.0 and 52-week low of Rs 1661.5, respectively. As per BSE data, total traded volume on the counter till 11:24AM (IST) stood at 4238 shares with a turnover of Rs 1.26 crore.
At the prevailing price, shares of the company traded at 61.08 times its trailing 12-month EPS of Rs 48.66 per share and 6.16 times its price-to-book value, BSE data showed.
A higher P/E ratio shows investors are willing to pay a higher share price today because of growth expectations in the future.
Price-to-book value indicates the inherent value of a company and reflects the price investors are ready to pay even for no growth in the business. The stock's Beta value, which measures its volatility in relation to the broader market, stood at 0.56.
Shareholding Details
Promoters held 46.74 per cent stake in the company as of 31-Mar-2021, while FIIs owned 19.35 per cent and DIIs 13.86 per cent.
Technicals
On the technical charts, the relative strength index (RSI) of the stock stood at 59.65. The RSI oscillates between zero and 100. Traditionally, it is considered overbought condition when the RSI value is above 70 and oversold condition when it is below 30. Chartists say, RSI should not be seen in isolation, as it may not be sufficient to take a trading call, just the way fundamental analysts cannot give a'buy' or'sell' recommendation using a single valuation ratio.
The stock had closed at Rs 2953.1 in the previous session. The stock quoted a 52-week high price of Rs 3055.0 and 52-week low of Rs 1661.5, respectively. As per BSE data, total traded volume on the counter till 11:24AM (IST) stood at 4238 shares with a turnover of Rs 1.26 crore.
At the prevailing price, shares of the company traded at 61.08 times its trailing 12-month EPS of Rs 48.66 per share and 6.16 times its price-to-book value, BSE data showed.
Did you Know?
Stock score of PI Industries Ltd moved up by 1 in a month on a 10-point scale.
View Latest Stock Report »A higher P/E ratio shows investors are willing to pay a higher share price today because of growth expectations in the future.
Price-to-book value indicates the inherent value of a company and reflects the price investors are ready to pay even for no growth in the business. The stock's Beta value, which measures its volatility in relation to the broader market, stood at 0.56.
Shareholding Details
Promoters held 46.74 per cent stake in the company as of 31-Mar-2021, while FIIs owned 19.35 per cent and DIIs 13.86 per cent.
Technicals
On the technical charts, the relative strength index (RSI) of the stock stood at 59.65. The RSI oscillates between zero and 100. Traditionally, it is considered overbought condition when the RSI value is above 70 and oversold condition when it is below 30. Chartists say, RSI should not be seen in isolation, as it may not be sufficient to take a trading call, just the way fundamental analysts cannot give a'buy' or'sell' recommendation using a single valuation ratio.
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