Page Industries shares gain 0.15% as Sensex falls
Page Industries Ltd. traded 0.15 per cent up at Rs 38675.9 at 10:40AM (IST) on Thursday, even as BSE benchmark Sensex dropped 390.51 points to 65486.51.
The stock had closed at Rs 38617.3 in the previous session.
The stock quoted a 52-week high price of Rs 54262.3 and 52-week low of Rs 34968.6, respectively. As per BSE data, total traded volume on the counter till 10:40AM (IST) stood at 288 shares with a turnover of Rs 1.11 crore.
At the prevailing price, the stock traded at 82.61 times its trailing 12-month earnings per share of Rs 468.51 per share and 30.86 times its price-to-book value, BSE 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 reflects the price investors are ready to pay even for no growth in the business. The stock's Beta value, which measures its volatility in relation to the broader market, stood at 0.87.
Shareholding Details
Promoters held 0.0 per cent stake in the company as of 30-Sep-2023, while FIIs owned 21.97 per cent and DIIs 17.4 per cent.
Technicals On the technical charts, the relative strength index (RSI) of the stock stood at 40.72. The RSI oscillates between zero and 100.
