Share price of Page Industries falls as Sensex gains 190.35 points
Promoters held 0.0 per cent stake in the company as of 31-Dec-2023, while FII and DII ownership stood at 21.77 per cent and 17.92 per cent, respectively.
The share price of dropped 0.19 per cent to Rs 34918.8 at 12:58PM (IST) in Wednesday's trade. The stock has hit a high of Rs 35055.6 and low of Rs 34693.2 so far during the session. The stock had closed at Rs 34985.9 in the previous session.The counter has had a total traded volume of 285 shares so far with a value of Rs 1.0 crore on the . It traded at a price-to-earnings multiple of 72.35 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 reflects the price investors are willing to pay even for no growth in the business.
The scrip declined 7.58 per cent during the past one year, while the 30-share index advanced 27.23 per cent during the same period.
belongs to the Branded Hosiery/Knitwear industry.
Promotor/FII Holding
Promoters held 0.0 per cent stake in the company as of 31-Dec-2023, while overseas investors and domestic institutional investors ownership stood at 21.77 per cent and 17.92 per cent, respectively.
Key Financials
The firm reported consolidated net 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.
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
