PI Industries Share Price: PI Industries share price up 1.67 per cent

Shares of PI Industries Ltd. traded 1.67 per cent up at Rs 2537.15 at round 12:02PM (IST) on Wednesday. The inventory had closed at Rs 2495.55 within the earlier session. Fairness benchmark Sensex traded 316.91 factors greater at 57617.59 across the identical time.

The scrip has climbed 12.23 per cent within the final one yr until date, whereas the 30-share index has gained 10.58 per cent throughout the identical interval.

The inventory’s 52-week excessive value stood at Rs 3533.3 and the 52-week low value at Rs 2104.7.

Buying and selling quantity on the counter stood at 3,219 shares, whereas it quoted a price-to-earnings ratio of 46.99, an EPS worth of 53.99 and a price-to-book worth of 6.41. Within the Nifty50 pack, 39 shares traded within the inexperienced, whereas 11 shares have been within the purple.

Promoter/FII Holding
Promoters held 46.74 per cent stake within the firm as of 31-Dec-2021, whereas international institutional buyers and MF possession stood at 24.39 per cent and 13.61 per cent, respectively.

Key Financials
For the quarter ended 31-Dec-2021, the corporate reported consolidated gross sales of Rs 1382.3 crore, up 0.03 per cent from the earlier quarter’s Rs 1381.9 crore and up 15.1 per cent from the year-ago quarter’s Rs 1201.0 crore. The corporate reported web revenue of Rs 222.6 crore for the newest quarter.

Technical Indicators

The MACD signalled a bullish bias on the counter. The MACD is thought for signalling pattern reversals in traded securities or indices. It’s the distinction between the 26-day and 12-day exponential shifting averages. A nine-day exponential shifting common, known as the sign line, is plotted on high of the MACD to mirror “purchase” or “promote” alternatives. When the MACD crosses beneath the sign line, it offers a bearish sign, indicating that the value of the safety may even see a downward motion and vice versa.