Piindustries
PIIND--Rally base Rally This stock is continuously rising...
price is moving in a channel...observed rally from 2900 levels, taken the support from trendline multiple times...
we have a chance of continuation in this stock.
rally base rally is going to observe in this stock.
wait for the price to break the channel and it will retest to the channel again for continuation.
if failed to go long from this place price will test the demand zone at 2900 and 2500 levels...
once it failed will update the short side chart.
keep looking for long side in this stock.
PIIND: Outperformer name in agrochem space
The following stock is largely outperforming the agrochem space
in last couple of weeks its in an uptrend
The agrochem other peers are in downtrend largely
the result were strong and there are high chnaces for the stock to gain market share and become even stronger
coming on technicals, it gave a fake downtrend and emerged stronger thereafter
its trading n an upward slioping trendline
expected target on higher side are
1) 4288
2) 4767
3) 5540
all above with a strict stop below 3250-3230 area
PI Industries: a Power Packed Performer trying to form a bottom.PI Industries Ltd. is an Agri-sciences company with strong presence in both domestic and export market. The company has commercialized 4 new molecules during this year, which included 2 new Electronic Chemicals. PI Industries Ltd CMP is 3484.35.
The Negative aspects of the company are High Valuation (P.E. = 35.3), MFs are decreasing stake. The positive aspects of the company are No debt, zero promoter pledge, FIIs are increasing stake, improving annual net profit, Improving cash from operations annual.
Entry can be taken after closing above 3515. Targets in the stock will be 3582 and 3646. The long-term target in the stock will be 3741 and 3805. Stop loss in the stock should be maintained at Closing below 3224.
The above information is provided for educational purpose, analysis and paper trading only. Please don't treat this as a buy or sell recommendation for the stock. We do not guarantee any success in highly volatile market or otherwise. Stock market investment is subject to market risks which include global and regional risks. We will not be responsible for any Profit or loss that may occur due to any financial decision taken based on any data provided in this message.
PIIND Research Report (Rating: 8.5)Introduction
PI Industries is an integral player in its sector, and its financial trajectory demonstrates the complexities of the economic landscape it operates within. From increasing revenues to changes in profitability margins, the company exhibits a tale of growth, with some reservations.
Industry Analysis
While the specific industry isn't mentioned, PI Industries' financial metrics suggest it competes in a sector that has seen growth in recent years, evident from the increasing total revenue and income. The company has managed to stay ahead and leverage opportunities, as demonstrated by its growing EPS and CEPS.
Historic Performance
Over the past five years, PI Industries has seen an overall uptrend in both revenue and net profit margins. This growth trajectory, particularly in total income, which has been increasing at an average rate of 22.16% over the past five years, illustrates the company's strong market position and operational efficiency.
P/E Ratio Analysis
With a current P/E ratio of 40.5, PI Industries is priced higher than the industry's average. This might suggest that investors expect higher growth from PI Industries in the future or the stock could be overvalued.
D/E Ratio Analysis
With a D/E ratio of 0, PI Industries operates without leveraging any debt, indicating a strong financial stability.
Quick Ratio Analysis
A quick ratio of 3.53 signifies that PI Industries has a strong liquidity position, and can cover its short-term obligations with ease.
ROE Analysis
The current ROE stands at 19.09%, suggesting that the company is effectively generating profit from its shareholders' equity.
Net Profit Margin Analysis
Despite minor fluctuations, the net profit margin has increased from 14.35% in 2019 to 19.32% in 2023. The five-year average at 16% indicates a consistent profitability trend. The net profit margin saw a dip in 2020 by -6.76%, but recovered strongly with a growth of 25.64% in 2021.
Total Income Analysis
The total income of the company has consistently grown from ₹2,900.90 in 2019 to ₹6,429.30 in 2023. The growth rate of total income has been consistent, with the most significant rise of 30.85% in 2021.
Total Revenue Analysis
Total revenue growth mirrors the total income growth, escalating from ₹2840.90 in 2019 to ₹6270.40 in 2023. Revenue growth percentages have been healthy, indicating the company's persistent market demand.
EPS Analysis
The EPS has exhibited substantial growth from ₹29.56 in 2019 to ₹79.84 in 2023, showcasing the company's increasing profitability on a per-share basis. Notably, the EPS saw a massive 51.59% growth in 2021.
CEPS Analysis
CEPS growth is commendable as well, moving from ₹36.25 in 2019 to ₹94.28 in 2023. The increase in CEPS by 40.76% in 2023 emphasizes the company's growing cash profitability.
Interest Payments Analysis
Interest payments surged in 2021 to ₹28.10 but reduced significantly in 2022, suggesting a potential reduction in borrowings or renegotiated terms.
Interest Payments to Total Income
This ratio has remained relatively consistent, emphasizing the manageable nature of their interest obligations.
Total Income to Expenditure Analysis
The ratio indicates an improvement in the company's efficiency, rising from 1.28 in 2019 to 1.34 in 2023.
Return on Net Worth/Equity Analysis
A sharp drop is observed from 2019's 90.33% to 0.79% in 2023, indicating potential concerns in the company's use of equity. The five-year average at 46.92% is commendable but needs scrutiny considering the recent drop.
ROCE Analysis
ROCE has seen growth from 9.95% in 2019 to 10.21% in 2023, suggesting efficient capital utilization. The average ROCE over the five years stands at 8.61%, showing consistent capital employment.
ROA Analysis
ROA has improved from 4.53% in 2019 to 4.96% in 2023, displaying better asset utilization. The five-year average ROA is at 4.15%.
Financial Health Summary
PI Industries has demonstrated growth and profitability. Its no-debt status combined with increasing revenues, consistent net profit margins, and impressive EPS and CEPS growth all point to a strong financial health. However, the sharp decline in Return on Net Worth/Equity needs investigation.
Stock Rating
Considering the overall performance, growth prospects, and potential concerns, PI Industries receives a rating of 8.5/10
piind all target doneall target done in PI INDUSTRIES within 100 days and ROI more than 30% which is our 3rd target.
if you bought at 2700 and still you holding now your ROI is 45% approx.
we forgot to post this stock about target achievement.
follow for more stocks.
(note: we are not SEBI registered so please do your own analysis also)
PI INDUSTRIES ANALYSIS!!RSI INDICATOR: is something which says the actually part of the price should be placed.
cups and handles is a very bullish price pattern formation.
and top of that, if rsi indicator is forming such pattern, then to speak on to it, the stock is a very great stock.
i have check the fundamentals. the rations, sales analysis are very greatly performing.
the two black line are the trend formation after the corona 2019 crash.
and blue line is the old trend.
the stock did gave its all time high recently. its possible to go more higher, since there is no drawback, or major risks associated to this stock.
recent quarters too outperformed from the analyst projected estimates.
great stock for swing trading and long term .
PI INDUSTRY - TECHNICAL ANALYSIS 📊 Script: PIIND (PI INDUSTRIES LIMITED)
📊 Nifty50 Stock: NO
📊 Sectoral Index: NIFTY 500
📊 Sector: Chemicals (Commodities)
📊 Industry: Pesticides & Agrochemicals
📈 MACD is giving crossover.
📈Prices are increasing with volume.
📈 Already crossover at Double Moving Average.
📈 Stock is trading at upper band of BB.
📈 Right now RSI is around 74.
🟢 Target 🎯🏆 - 3450
⚠️ Stoploss ☠️🚫 - 3143
⚠️ Important: Always maintain your Risk & Reward Ratio.
✅Like and follow to never miss a new idea!✅
Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes.
PIIND - Morning Star Formation - Swing TradeThe analysis is done on weekly TF hence price may take few weeks to few months in order to reach the targets.
Trade setup is explained in image itself.
The above analysis is purely for educational purpose. Traders must do their own study & follow risk management before entering into any trade
Checkout my other ideas to understand how one can earn from stock markets with simple trade setups. Feel Free to comment below this or connect with me for any query or suggestion regarding this stock or Price Action Analysis.
PI Industries - Top bottom tradePI Industries, is another stock that came on my radar today.
The stock was resisting 3250 levels, now it managed to come above it and also trading above it from the past 2 trading sessions.
Now the same level is acting as support and if prices manage to hold this level, it might be moving towards 3480-3500 in the coming trading session.
Trade type: swing [ 5- 7 trading session- target might achieve early as well)
PI Industries ReversalThe stock has reached lower trendline and may undergo a reversal rally. Trade is supported by brokerage calls and Supports Nearby.
Risk Reward Ratio - 2:1
SL is placed below support zone & the lower trendline. The target is placed based on fundamentals and near all time & swing high.
PI Industries Short Term ReversalThe stock has reached the lower trend line and might take support and undergo a reversal rally. Trade is supported by brokerage calls and Supports Nearby.
Risk Reward Ratio - 2:1
SL is placed below support zone & the lower trendline. The target is placed near swing high.
PI Industries - Swing Trade - Support of 50EMAThe purpose of this analysis is mainly to give an idea for swing trades to beginners.
The stock gives easy 20% after every dip & support of 50EMA (as can be seen in image itself).
Some plus points with the stock -
Almost Debt Free; Highest ever Net Profit & Net Cash flow and FIIs have increased their shareholding (Sept 2020).
The stock is among the leaders of its sector.
For details, check previous analysis of JKCEMENT. Analysis is linked below.
P.S - Always take care of your position sizing in any trade. Never put more than 10% of your initial capital in any one stock.
Feel Free to comment for any query on this idea or regarding price action analysis.
Also, checkout other similar stocks. One can comment their names below as well.
PI Industries - Short & Mid term swing Funada mental view
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PI Industries has a unique and non-conflicting business model, which is strengthened with …global innovators.
• The company presence is driven by strategic partnerships. It has invaluable relationships with 20+ …global innovators and it is built on IP protection.
• ~90% of CSM revenue is derived from patented molecules and more than 60% of domestic revenue …comes from in-licensed molecules.
• The agrochemical is now diversified with pharma foray and has scaled up.
• PI Industries has a promising opportunity landscape as the global specialty chemicals market is expected to grow at 5.4% CAGR between 2019 and 2024; global supply chain diversification and M&A activities to aid specialized CSM players.
• PI Industries can vouch for its strong assets. It has an invaluable team of ~300 researchers and scientists, 5 formulation facilities, globally certified technologies, a tech-enabled distribution network, and relationships with over 2.5 million farmers.
• Lastly, it has a track record of being consistent with Revenue CAGR (10 years) of 17.68%
Technical View
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Stock is trading on their harmonic prz and the trend line support. As per stock behavior, a high probability bounces from their support.
buy from 2100
SL: 1900
Target: 2450/2700/3000