The stock quoted a 52-week low price of Rs 1500.0 and a high of Rs 2927.6.
Earlier, shares of the company saw a gap down opening in the morning.
A total of 5,388 lakh shares changed hands on the counter till 11:43AM (IST).
The stock of PI Industries Ltd. commanded a market value of Rs 43977.01 crore, according to BSE.
The stock traded at a price-to-earning (P/E) multiple of 59.57, while the price-to-book value ratio stood at 6.16. Return on equity (ROE) was at 13.81 per cent, according to exchange data.
In the BSE500 pack, 236 stocks traded in the green, while 264 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 46.74 per cent in PI Industries Ltd. as of 31-Mar-2021 while foreign and domestic institutional investors owned 19.35 per cent and 13.86 per cent, respectively.
Moving averages
The 200-DMA of the stock stood at 2290.49 on June 17, while the 50-DMA was at 2618.41. 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.
