Shares of PI Industries Ltd. traded at Rs 3898.0 on BSE at 11:06AM (IST) on Tuesday, up 0.83 per cent from previous close. The stock quoted a 52-week low price of Rs 3060.0 and a high of Rs 4032.0.
Earlier, shares of the company saw a gap up opening in the morning.
A total of 922 lakh shares changed hands on the counter till 11:06AM (IST).
The stock of PI Industries Ltd. commanded a market value of Rs 59156.41 crore, according to BSE.
The stock traded at a price-to-earning (P/E) multiple of 35.18, while the price-to-book value ratio stood at 6.74. Return on equity (ROE) was at 19.25 per cent, according to exchange data.
In the BSE500 pack, 345 stocks traded in the green, while 156 stocks were in the red.
The stock’s beta value, which measures volatility in relation to the broader market, stood at 0.56.
Promotor/FII Holding
Promoters held 46.09 per cent in PI Industries Ltd. as of 31-Mar-2024 while overseas and domestic institutional investors owned 20.26 per cent and 14.99 per cent, respectively. Moving averages
The 200-DMA of the stock stood at 3603.48 on July 16, while the 50-DMA was at 3689.32. If a stock trades below 50-DMA and 200-DMA, it usually means the immediate trend is upward. On the other hand, if the stock trades below 50-DMA and 200-DMA, it is considered as bearish trend and if trades between 50-DMA and 200-DMA, then it suggests the stock can go either way.
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