Page Industries shares drop 0.25% as Sensex rises
Page Industries Ltd. traded 0.25 per cent down at Rs 39200.0 at 12:38PM (IST) on Monday, even as BSE benchmark Sensex gained 38.3 points to 66321.04.
The scrip had settled at Rs 39300.65 in the previous session.
The stock quoted a 52-week high and 52-week low of Rs 54262.3 and Rs 34968.6, respectively.
As per BSE data, total traded volume on the counter till 12:38PM (IST) stood at 12:38PM shares with turnover at Rs 1.01 crore.
At the current price, shares of the company trades at 83.67 times its trailing 12-month earnings per share of Rs 468.51 per share and 30.86 times its price-to-book value, the exchange data showed.
A higher P/E ratio shows investors are willing to pay a higher share price today because of growth expectations in the future. Price-to-book value indicates the inherent value of a company and is the measure of the price that investors are ready to pay even for no growth in the business.
The Beta value of the stock, which measures its volatility in relation to the broader market, stood at 0.87.
Shareholding Details Promoters held 45.11 per cent stake in the company as of 30-Sep-2023, while FIIs owned 21.98 per cent and DIIs 22.68 per cent.
