Getty ImagesShares of PI Industries Ltd. fell 1.11 per cent to Rs 2376.75 in Tuesday's trade as of 01:02PM (IST) even as the benchmark Nifty ruled at 15716.25, down 146.9 points.
The scrip had closed at Rs 2403.4 in the previous session. The stock quoted a 52-week low of Rs 2104.7 and a high of Rs 3533.3. The company quoted a market-cap of Rs 36039.88 crore on the BSE.
On BSE, 3,109 shares have changed hands on the counter so far. At its prevailing price, the stock traded at 43.99 times its trailing 12-month EPS of Rs 53.99 per share and 6.41 times its book value. The return on equity (ROE) stood at Rs 13.81.
Key Financials
For the quarter ended 31-Dec-2021, PI Industries Ltd. reported consolidated sales of Rs 1382.3 crore, up 15.1 per cent from the same quarter a year ago. The company reported 13.92 per cent YoY growth in net profit at Rs 222.6 crore for the latest quarter.
Technical indicators
The relative strength index (RSI) of the stock stood at Tuesday. 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.
Analysts say the RSI indicator should not be seen in isolation, as it may not be sufficient to take a trading call, just the way a fundamental analyst cannot give a "buy" or "sell" recommendation using a single valuation ratio.
The scrip had closed at Rs 2403.4 in the previous session. The stock quoted a 52-week low of Rs 2104.7 and a high of Rs 3533.3. The company quoted a market-cap of Rs 36039.88 crore on the BSE.
On BSE, 3,109 shares have changed hands on the counter so far. At its prevailing price, the stock traded at 43.99 times its trailing 12-month EPS of Rs 53.99 per share and 6.41 times its book value. The return on equity (ROE) stood at Rs 13.81.
Key Financials
For the quarter ended 31-Dec-2021, PI Industries Ltd. reported consolidated sales of Rs 1382.3 crore, up 15.1 per cent from the same quarter a year ago. The company reported 13.92 per cent YoY growth in net profit at Rs 222.6 crore for the latest quarter.
Technical indicators
The relative strength index (RSI) of the stock stood at Tuesday. 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.
Analysts say the RSI indicator should not be seen in isolation, as it may not be sufficient to take a trading call, just the way a fundamental analyst cannot give a "buy" or "sell" recommendation using a single valuation ratio.
Pick the best companies to invest
BECOME AN ETPRIME MEMBERRead 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.)
...moreDownload The Economic Times News App to get Daily Market Updates & Live Business News.
Pick the best stocks for yourself
Powered by