Page Industries shares gain 0.86% as Sensex falls
Page Industries Ltd. traded 0.86 per cent higher in Thursday's session at 01:44PM (IST). The stock opened at Rs 38695.0 and has touched an intraday high and low of Rs 39070.0 and Rs 38312.3, 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 720 shares changed hands on the counter so far.
Benchmark Nifty50 was down 131.05 points at 19585.4, while the BSE Sensex traded 416.47 points lower at 65702.22 at the time of writing of this report.
In the Nifty pack, 8 stocks traded the day in the green, while 41 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 39518.32 on September 28, while the 50-DMA was at Rs 39475.43. If a stock trades above 50-DMA and 200-DMA, it usually means the immediate trend is upward.
