Share price of Page Industries jumps as Sensex drops 494.71 points
A total of 53 shares changed hands on the counter till 10:55AM (IST)
Share price of gained 0.51 per cent to Rs 36523.65 at 10:55AM (IST) in Wednesday's trade. The scrip hit a high of Rs 36845.6 and low of Rs 36080.05 so far during the session. The stock had closed at Rs 36338.2 in the previous session.The counter had a total traded volume of 10:55AM shares so far with a turnover of Rs 0.2 crore on . The stock traded at a price-to-earnings multiple of 70.95 and a price-to-book ratio of 24.05.
A higher P/E 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 firm reported consolidated net sales of Rs 1006.21 crore for the quarter ended 31-Mar-2024, down 18.48 per cent from the previous quarter's Rs 1234.31 crore and down 3.07 per cent from the year-ago quarter's Rs 976.21 crore.
Its profit for the latest quarter stood at Rs 108.2 crore, up 38.1 per cent from the same quarter a year ago.
Source: Stocks-Markets-Economic Times
