Page Industries shares up 0.01% as Sensex rises
Page Industries Ltd. gained 0.01 per cent to Rs 39608.25 in Tuesday's session as of 11:52AM (IST) even as the equity benchmark Sensex traded 141.21 points higher at 65769.35.
Earlier in the day, the stock witnessed a gap up start to the session.
The stock quoted a 52-week high price of Rs 54262.3 and a 52-week low of Rs 34968.6 on NSE. Around 50 shares changed hands on the counter till 11:52AM (IST).
The stock opened at Rs 39700.05 and has touched an intraday high and low of Rs 39802.15 and Rs 39505.0 during the session so far.
The counter quoted a price-to-earnings (PE) ratio of 84.48, earnings per share (EPS) of Rs 468.51 and price to book value (PB) of 30.86, while the return on equity (ROE) stood at Rs 41.66.
Promoter/ FII Holding
The promoters held 46.12 per cent stake in the company as of September 05, while FII and MF ownerships stood at 21.99 per cent and 15.73 per cent, respectively.
Key Financials With a market capitalisation of Rs 44149.04 crore, the company operates in the Branded Hosiery/Knitwear industry. 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 same quarter a year ago.
The company reported net profit of Rs 158.36 crore for the latest quarter, down 23.51 per cent from the corresponding quarter last year.
Technical Indicators The relative strength index (RSI) of the stock stands at 50.74. The RSI oscillates between zero and 100.
Traditionally, it is considered overbought condition when the RSI value is above 70 and oversold condition 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
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