The Economic Times daily newspaper is available online now.

    PI Industries shares decline 1.25% as Sensex slides

    Synopsis

    A total of 3,796 shares changed hands on the counter till 01:09PM (IST)

    Stock-market-4---istockAgencies
    Mazhar Mohammad of Chartviewindia.in said technical indicators are turning mixed as the weekly MACD chart has generated a 'buy' signal, giving an edge to the bulls.
    Shares of the PI Industries Ltd. traded at Rs 3639.15 on BSE at 01:09PM (IST) on Friday, down 1.25 per cent from previous close.

    The scrip quoted a 52-week low price of Rs 2870.0 and a high of Rs 4010.0.

    Earlier, the stock saw a gap down opening in the morning.

    A total of 3,796 lakh shares changed hands on the counter till 01:09PM (IST).

    The stock of PI Industries Ltd. commands a market value of Rs 55244.36 crore.

    The stock traded at a price-to-earning (P/E) multiple of 40.92, 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.

    In the BSE500 pack, 132 stocks traded in the green, while 369 stocks were in the red.

    Promotor Holding
    Promoters held 46.09 per cent in the PI Industries Ltd. as of 30-Jun-2023 while foreign and domestic institutional investors owned 19.17 per cent and 23.78 per cent, respectively.
    Experience Your Economic Times Newspaper, The Digital Way!
      (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.

      Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price
      ...more
      The Economic Times

      Stories you might be interested in