PI Industries rises 0.49% as Sensex climbs
The stock traded at a P/E multiple of 35.69, while the price-to-book value ratio stood at 6.39.
Shares of traded at Rs 3535.55 on at 12:02PM (IST) on Friday, up 0.49 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, the stock saw a gap down opening in the morning.
A total of 2,271 lakh shares changed hands on the counter till 12:02PM (IST).
The stock of commanded a market value of Rs 53378.23 crore, according to BSE.
The stock traded at a price-to-earning (P/E) multiple of 35.69, 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, 302 stocks traded in the green, while 199 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 . 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 3593.62 on May 10, while the 50-DMA was at 3714.14. 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.
Source: Stocks-Markets-Economic Times
