Page Industries stock price down 0.34 per cent as Sensex climbs
Page Industries Ltd. fell 0.34 per cent to Rs 41516.55 at 11:37AM hours (IST) on Tuesday.
Earlier in the day, the stock saw a gap up start to the session.
As per data available on BSE, total traded quantity on the counter stood at 185 shares with a turnover of Rs 0.77 crore till 11:37AM (IST). The stock traded at a price-to-earnings (P/E) multiple of 88.61, while the price-to-book value ratio stood at 30.86.
Return on equity (ROE) was at 41.66 per cent, according to exchange data.
The stock hit an intraday high of Rs 41891.9 and a low of Rs 41039.15 during the session and quoted a 52-week high price of Rs 54262.3 and a 52-week low of Rs 34968.6.
The stock's beta value, which measures its volatility in relation to the broader market, stood at 0.87.
Technical Indicators
The 200-DMA (day moving average) of the stock stood at Rs 39926.54 on September 12, while the 50-DMA was at Rs 38807.26. If a stock trades above 50-DMA and 200-DMA, it usually means the immediate trend is upward.
On the other hand, if the stock trades below 50-DMA and 200-DMA, it is considered a bearish trend. If it trades between 50-DMA and 200-DMA, then it suggests the stock can go either way.
The Relative Strength Index (RSI) of the stood at 62.2.
The RSI oscillates between zero and 100. Traditionally, a stock is considered overbought when the RSI value stands above 70 and oversold when it is below 30.
Promoter holding
As of 30-Jun-2023, promoters held 46.12 per cent stake in the company, while overseas investors held 21.99 per cent and domestic institutional investors had 21.17 per cent.
