Page Industries shares drop 2.33% as Sensex rises
Page Industries Ltd. traded 2.33 per cent lower in Wednesday's session at 01:34PM (IST).
The stock opened at Rs 40906.0 and has touched an intraday high and low of Rs 40949.0 and Rs 39877.05, respectively, during the session so far.
The stock quoted a 52-week high of Rs 54262.3 and a 52-week low of 34968.6. About 337 shares changed hands on the counter so far.
Benchmark Nifty50 was up 76.3 points at 20069.5, while the BSE Sensex traded 260.85 points higher at 67481.98 at the time of writing of this report.
In the Nifty pack, 32 stocks traded the day in the green, while 18 were in the red.
Key Financials For the quarter ended 30-Jun-2023, the company reported consolidated sales of Rs 1241.93 crore, up 27.22 per cent from the previous quarter's Rs 976.21 crore and up 7.63 per cent from the year-ago quarter.
The company reported net profit of Rs 158.36 crore for the latest quarter.
Promoter Holdings Promoters held 46.12 per cent stake in the company as of 30-Jun-2023, while FIIs held 21.99 per cent and MFs 15.73 per cent.
Technicals On the technical charts, the 200-Day Moving Average (DMA) of the stock stood at Rs 39889.57 on September 13, while the 50-DMA was at Rs 38848.22. If a stock trades above 50-DMA and 200-DMA, it usually means the immediate trend is upward.
