Page Industries shares rise 0.47 per cent in Tuesday's trading session
Page Industries Ltd. rose 0.47 per cent to Rs 39745.4 in Tuesday's trade as of 12:02PM (IST) even as the benchmark Nifty ruled at 19326.55, up 20.5 points.
The scrip had closed at Rs 39557.3 in the previous session.
The stock quoted a 52-week low of Rs 34968.6 and a high of Rs 54262.3. The company quoted a market-cap of Rs 44238.66 crore on the BSE.
On BSE, 71 shares have changed hands on the counter so far.
At its prevailing price, the stock traded at 84.66 times its trailing 12-month EPS of Rs 468.51 per share and 30.86 times its book value. The return on equity (ROE) stood at Rs 41.66.
Key Financials For the quarter ended 30-Jun-2023, Page Industries Ltd.
reported consolidated sales of Rs 1241.93 crore, up 7.63 per cent from the same quarter a year ago. The company reported 23.51 per cent YoY de-growth in net profit at Rs 158.36 crore for the latest quarter.
Technical indicators The relative strength index (RSI) of the stock stood at Tuesday.
The RSI oscillates between zero and 100. Traditionally, it is considered overbought condition when the RSI value is above 70 and oversold when it is below 30.
Analysts say the RSI indicator should not be seen in isolation, as it may not be sufficient to take a trading call, just the way a fundamental analyst cannot give a «buy» or «sell» recommendation using a single valuation ratio.
