Page Industries shares gain 0.44% as Sensex rises
A total of 43 shares changed hands on the counter till 11:00AM (IST)
Shares of traded 0.44 per cent up at Rs 35636.0 at 11:00AM (IST) on Tuesday, even as benchmark gained 161.3 points to 73809.92. The stock had settled at Rs 35479.5 in the previous session.The stock quoted a 52-week high and 52-week low of Rs 43599.0 and Rs 33100.0, respectively.
As per BSE data, total traded volume on the counter till 11:00AM (IST) stood at 11:00AM shares with turnover at Rs 0.16 crore.
At the prevailing price, the stock trades at 73.7 times its trailing 12-month earnings per share of Rs 483.55 per share and 30.86 times its price-to-book value, the exchange data showed.
A higher P/E ratio shows investors are willing to pay a higher share price today because of growth expectations in the future. 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.
The Beta value of the stock, which measures its volatility in relation to the broader market, stood at 0.87.
Shareholding Details
Promoters held 45.11 per cent stake in the company as of 31-Mar-2024, while FIIs owned 20.86 per cent and DIIs 25.84 per cent.
Source: Stocks-Markets-Economic Times
