Page Industries stock price up 0.35 per cent as Sensex slides
Page Industries Ltd. rose 0.35 per cent to Rs 35985.3 at 12:48PM hours (IST) on Monday. 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 142 shares with a turnover of Rs 0.51 crore till 12:48PM (IST). The stock traded at a price-to-earnings (P/E) multiple of 74.69, 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 36116.6 and a low of Rs 35751.0 during the session and quoted a 52-week high price of Rs 43599.0 and a 52-week low of Rs 34000.0.
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 38004.09 on March 11, while the 50-DMA was at Rs 36735.77. 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 49.42. 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 31-Dec-2023, promoters held 45.11 per cent stake in the company, while overseas investors held 21.78 per cent and domestic
