Page Industries shares drop 0.28% as Sensex falls
The stock quoted a 52-week high of Rs 43599.0 and a 52-week low of Rs 33100.0.
Shares of traded 0.28 per cent lower in Friday's session at 12:27PM (IST). The stock opened at Rs 35069.0 and has touched an intraday high and low of Rs 35400.0 and Rs 34835.3, respectively, during the session so far.The stock quoted a 52-week high of Rs 43599.0 and a 52-week low of 33100.0. About 497 shares changed hands on the counter so far.
Benchmark Nifty50 was down 2.35 points at 21993.5, while the BSE traded 5.28 points lower at 72483.71 at the time of writing of this report.
In the pack, 22 stocks traded the day in the green, while 28 were in the red.
Key Financials
For the quarter ended 31-Dec-2023, the company reported consolidated sales of Rs 1234.31 crore, up 9.54 per cent from the previous quarter's Rs 1126.8 crore and up 0.77 per cent from the year-ago quarter. The company reported net profit of Rs 152.35 crore for the latest quarter.
Promoter Holdings
Promoters held 45.11 per cent stake in the company as of 31-Mar-2024, while FIIs held 20.86 per cent and MFs 19.27 per cent.
Technicals
On the technical charts, the 200-Day Moving Average (DMA) of the stock stood at Rs 37546.73 on April 19, while the 50-DMA was at Rs 35388.08. 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 well below 50-DMA and 200-DMA both, it is considered as bearish trend and if trades between these averages, then it suggests the stock can go either way.
Source: Stocks-Markets-Economic Times
