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 :)

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