IdeasNeosagi

PI Industries Ltd.

Long
NSE:PIIND   PI INDUSTRIES
*PI Industries Ltd.*
Ascending Triangle Pattern: Weekly Basis
Price BreakOut / Further Volume Support Needed

*With Increase in Price, Trail Stop Loss*
*Book Profit as per Your Risk Appetite*

*Fundamentally Strong Company*
Manufactures plant protection & specialty plant nutrient products & solutions under its agri-inputs business.
Also into custom synthesis (CSM) companies engaged in providing contract research and contract manufacturing services to global innovators.

Improving Sales / Profitability on Qtrly / Yearly Basis.
Very Low Leverage / Strong TNW / +ve & Improving Opt. Cash Flows / WC Cycle.
Fluctuating RoA/RoE/ROCE since many years (though in Double Digits)
FII Stake fluctuating. DII Stake increased since Sep'21.
Dividend Paying Co.

*Concern:*
Change in regulatory requirements: Export/Import policies, environmental /safety requirements could impact growth prospects.

*Do Your Own Research as Well. This is Just an Opinion.*
Your Opinion may Differ and is Respected.
Happy Investing :)

Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.