Page Industries shares up 0.04% as Nifty gains
Page Industries Ltd. traded 0.04 per cent up in Friday's trade at 01:28PM (IST). Around 500 shares changed hands on the counter.
The counter opened at Rs 35662.0 and touched an intraday high and low of Rs 35997.95 and Rs 35335.75, respectively, in the session so far. Shares of the company of Page Industries Ltd. quoted a 52-week high of Rs 43374.9 and a 52-week low of Rs 33100.0.
Total market cap of the Page Industries Ltd. stood at Rs 39776.95 crore at the time of writing this report.
Key Financials The company reported consolidated sales of Rs 1234.31 crore for the quarter ended 31-Dec-2023, up 9.54 per cent from previous quarter's Rs 1126.8 crore and up 0.77 per cent from the year-ago quarter's Rs 1224.9 crore.
The net profit for latest quarter stood at Rs 152.35 crore, up 23.13 per cent from the corresponding quarter last year.
Shareholding pattern As of 31-Mar-2024, domestic institutional investors held 19.27 per cent stake in the firm, while foreign institutional investors held 20.86 per cent and the promoters 45.11 per cent.
Valuation ratio According to BSE data, the stock traded at a price-to-earnings multiple of 73.23 and a price-to-book ratio of 30.86. A higher P/E ratio shows investors are willing to pay a higher price because of better future growth expectations. Price-to-book value indicates the inherent value of a company and is the measure of the price that investors are ready to pay even for no growth in the business.
Page Industries Ltd. belongs to the Branded Hosiery/Knitwear industry.
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