Page Industries shares rise 1.24 per cent in Wednesday's trading session
Page Industries Ltd. rose 1.24 per cent to Rs 37266.3 in Wednesday's trade as of 10:20AM (IST) even as the benchmark Nifty ruled at 20912.15, up 57.05 points.
The scrip had closed at Rs 36807.75 in the previous session.
The stock quoted a 52-week low of Rs 34968.6 and a high of Rs 47850.0. The company quoted a market-cap of Rs 41620.18 crore on the BSE.
On BSE, 119 shares have changed hands on the counter so far.
At its prevailing price, the stock traded at 81.49 times its trailing 12-month EPS of Rs 457.89 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-Sep-2023, Page Industries Ltd.
reported consolidated sales of Rs 1126.8 crore, down 10.41 per cent from the same quarter a year ago. The company reported 7.31 per cent YoY de-growth in net profit at Rs 150.28 crore for the latest quarter.
Technical indicators The relative strength index (RSI) of the stock stood at Wednesday.
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.
