Page Industries shares down 1.53% as Nifty gains
Page Industries Ltd. rose 1.53 per cent to Rs 35747.0 in Thursday's trade. It hit an intraday high of Rs 36500.05 and low of Rs 35640.05, respectively, during the day.
The stock quoted a 52-week high price of Rs 42850.0 and low of Rs 33100.0.
As of 01:53PM (IST), the counter saw total traded volume of 1,706 shares with a traded value of Rs 6.12 crore, according to NSE.
The stock had closed at Rs 36304.95 in the previous session.
The scrip has declined -0.63 per cent in the past one month till date, while the benchmark BSE Sensex has gained 2.91 per cent during the same period.
According to exchange data, the stock traded at a price-to-earnings (P/E) multiple of 75.48 while price-to-book ratio stood at 30.86. A higher P/E ratio shows that investors are willing to pay a higher price for per rupee earnings given by the stock because of better future growth expectations. The price-to-book value indicates the inherent value of a company and it reflects the price investors are ready to pay even for no growth in a business.
The stock belongs to the Branded Hosiery/Knitwear industry.
Promoter/FII Holding Promoters held 0.0 per cent stake in the company as of 31-Mar-2024, while FII and MF ownership in the firm stood at 20.86 per cent and 19.27 per cent, respectively.
Key Financials The company reported consolidated sales of Rs 1234.31 crore for the quarter ended 31-Dec-2023, up 9.54 per cent from the previous quarter's Rs 1126.8 crore and up 0.77 per cent from the year-ago quarter's Rs 1224.9 crore. Its net profit
