Page Industries shares down 0.63% as Sensex falls
A total of 63 shares changed hands on the counter till 01:19PM (IST)
Shares of fell 0.63 per cent to Rs 39139.25 in Monday's session as of 01:19PM (IST) even as the equity benchmark traded 32.02 points lower at 79964.58.Earlier in the day, the stock witnessed a gap up start to the session. The stock quoted a 52-week high price of Rs 42850.0 and a 52-week low of Rs 33100.0 on . Around 63 shares changed hands on the counter till 01:19PM (IST).
The stock opened at Rs 40264.95 and has touched an intraday high and low of Rs 40264.95 and Rs 38871.9 during the session so far. The scrip quoted a price-to-earnings (PE) ratio of 76.7, earnings per share (EPS) of Rs 510.31 and price to book value (PB) of 24.05, while the return on equity (ROE) stood at Rs 35.64.
Promoter/ FII Holding
The promoters held 45.11 per cent stake in the company as of July 08, while FII and MF ownerships stood at 20.86 per cent and 19.27 per cent, respectively.
Key Financials
With a market capitalisation of Rs 43655.43 crore, the company operates in the Branded Hosiery/Knitwear industry. For the quarter ended 31-Mar-2024, the company reported consolidated sales of Rs 1006.21 crore, down 18.48 per cent from the previous quarter?s Rs 1234.31 crore and down 3.07 per cent from the same quarter a year ago. The company reported net profit of Rs 108.2 crore for the latest quarter, up 38.1 per cent from the corresponding quarter last year.
Technical Indicators
The relative strength index (RSI) of the stock stands at 56.51. 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 call, just the way a fundamental analyst cannot give a "buy" or "sell" recommendation using a single valuation ratio.
Source: Stocks-Markets-Economic Times
