PI Industries share price up 0.69 per cent

Shares of . traded 0.69 per cent up at Rs 3507.9 at around 10:05AM (IST) on Monday. The stock had closed at Rs 3484.0 in the previous session. Equity benchmark Sensex traded 331.7 points lower at 62536.8 around the same time.


The scrip has climbed 21.34 per cent in the last one year till date, while the 30-share index has gained 8.43 per cent during the same period.

The stock's 52-week high price stood at Rs 3698.5 and the 52-week low price at Rs 2334.35.

Trading volume on the counter stood at 1,468 shares, while it quoted a price-to-earnings ratio of 51.98, an EPS value of 67.51 and a price-to-book value of 7.01. In the Nifty50 pack, 11 stocks traded in the green, while 39 stocks were in the red.

Promoter/FII Holding
Promoters held 46.09 per cent stake in the company as of 30-Sep-2022, while foreign institutional investors and MF ownership stood at 23.1 per cent and 16.39 per cent, respectively.

Key Financials
For the quarter ended 30-Sep-2022, the company reported consolidated sales of Rs 1801.7 crore, up 14.96 per cent from the previous quarter's Rs 1567.3 crore and up 30.38 per cent from the year-ago quarter's Rs 1381.9 crore. The company reported net profit of Rs 334.8 crore for the latest quarter.

Technical Indicators
The MACD signalled a bullish bias on the counter. The MACD is known for signalling trend reversals in traded securities or indices. It is the difference between the 26-day and 12-day exponential moving averages. A nine-day exponential moving average, called the signal line, is plotted on top of the MACD to reflect "buy" or "sell" opportunities. When the MACD crosses below the signal line, it gives a bearish signal, indicating that the price of the security may see a downward movement and vice versa.