Share price of PI Industries falls as Nifty weakens

Share price of PI Industries falls as Nifty weakens
ETMarkets.com
Rate Story
Share
Font Size
Save
Comment
Synopsis

A total of 9,446 shares changed hands on the counter till 12:33PM (IST).

Getty Images
MACD is known for signaling trend reversals in traded securities or indices. It is the difference between the 26-day and 12-day exponential moving averages.
Shares of Ltd. slipped 1.17 per cent to Rs 2683.5 in Wednesday's trade as of 12:33PM (IST).

The stock hit a high price of Rs 2732.95 and low of Rs 2667.3 during the session.

The return on equity (ROE) for the stock stood at 13.81 per cent. Traded volume on the counter stood at 12:33PM shares and turnover at Rs 2.54 crore around that time.

The stock of PI Industries Ltd. quoted a 52-week high and 52-week low prices of Rs 3533.3 and Rs 1982.45, respectively.

The Beta value of the counter, which measures its volatility in relation to the broader market, stood at 0.56.

Promotor/FII Holding
Promoters held 46.74 per cent stake in the company as of 30-Sep-2021, while overseas investors held 24.13 per cent and domestic institutional investors had 17.23 per cent.

Key Financials
The company reported consolidated sales of Rs 1381.9 crore for the quarter ended 30-Sep-2021, up 13.13 per cent from previous quarter's Rs 1221.5 crore and up 16.0 per cent from the year-ago quarter's Rs 1191.3 crore.

Net profit after tax for the latest quarter stood at Rs 229.6 crore, up 5.51 per cent from the same quarter a year ago.

Pick the best companies to invest

BECOME AN ETPRIME MEMBER

Read More News on

(What's moving Sensex and Nifty Track latest market news, stock tips and expert advice on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds.)

Download The Economic Times News App to get Daily Market Updates & Live Business News.

...more
Pick the best stocks for yourself
Powered by
Read before you invest. Insights on PI Industries Ltd.. Explore Now