Share price of Page Industries falls as Sensex drops 695.31 points
A total of 106 shares changed hands on the counter till 12:12PM (IST)
Share price of dropped 0.7 per cent to Rs 34675.0 at 12:12PM (IST) in Friday's trade. The stock hit a high of Rs 35119.4 and low of Rs 34675.0 so far during the session. The stock had closed at Rs 34920.1 in the previous session.The counter had a total traded volume of 12:12PM shares so far with a turnover of Rs 0.38 crore on . The stock traded at a price-to-earnings multiple of 73.23 and a price-to-book ratio of 30.86.
A higher price-to-earnings ratio shows investors are willing to pay a higher price for per rupee earnings given by the stock because of better future growth expectations.
The 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.
Promotor/FII Holding
Promoters held 45.11 per cent stake in the company as of 31-Mar-2024, while foreign investors and domestic institutional investors ownership stood at 20.86 per cent and 25.84 per cent, respectively.
Key Financials
The company reported consolidated sales of Rs 1234.31 crore for the quarter ended 31-Dec-2023, 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's Rs 1224.9 crore.
Its profit for the latest quarter stood at Rs 152.35 crore, up 23.13 per cent from the same quarter a year ago.
Source: Stocks-Markets-Economic Times
