Page Industries shares up 1.57% as Nifty gains
Page Industries Ltd. rose 1.57 per cent to Rs 41184.6 in Tuesday's trade. It hit an intraday high of Rs 41325.0 and low of Rs 40374.0, respectively, during the day.
The stock quoted a 52-week high price of Rs 42850.0 and low of Rs 33100.0.
As of 10:46AM (IST), the counter saw total traded volume of 606 shares with a traded value of Rs 2.48 crore, according to NSE.
The stock had closed at Rs 40544.85 in the previous session.
The scrip has advanced 20.02 per cent in the past one month till date, while the benchmark BSE Sensex has gained 11.69 per cent during the same period.
According to exchange data, the stock traded at a price-to-earnings (P/E) multiple of 80.74 while price-to-book ratio stood at 24.05. A higher P/E ratio shows that investors are willing to pay a higher price for per rupee earnings given by the stock because of better future growth expectations. The price-to-book value indicates the inherent value of a company and it reflects the price investors are ready to pay even for no growth in a business.
The stock belongs to the Branded Hosiery/Knitwear industry.
Promoter/FII Holding Promoters held 0.0 per cent stake in the company as of 30-Jun-2024, while FII and MF ownership in the firm stood at 20.54 per cent and 20.81 per cent, respectively.
Key Financials The company reported consolidated sales of Rs 1006.21 crore for the quarter ended 31-Mar-2024, down 18.48 per cent from the previous quarter's Rs 1234.31 crore and down 3.07 per cent from the year-ago quarter's Rs 976.21 crore. Its net profit
