Page Industries shares down 0.8% as Nifty drops
A total of 235 shares changed hands on the counter till 01:03PM (IST).
NEW DELHI: Shares of traded 0.8 per cent down in Wednesday's trade at 01:03PM (IST). Around 235 shares changed hands on the counter.The stock opened at Rs 35172.05 and touched an intraday high and low of Rs 35283.85 and Rs 34800.0, respectively, in the session so far. The stock of quoted a 52-week high of Rs 43599.0 and a 52-week low of Rs 33100.0.
As per , the total market cap of the . stood at Rs 39322.7 crore at the time of writing this report.
Key Financials
The company reported consolidated net 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 same quarter a year ago.
Shareholding pattern
As of 31-Mar-2024, DIIs held 19.27 per cent stake in the firm, while foreign institutional investors held 20.86 per cent and the promoters 0.0 per cent.
Valuation ratio
According to BSE data, the stock traded at a P/E 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.
. belongs to the Branded Hosiery/Knitwear industry.
Source: Stocks-Markets-Economic Times
