Share price of Page Industries jumps as Sensex gains 376.14 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 gained 1.08 per cent to Rs 34800.0 at 01:39PM (IST) in Monday's trade. The counter has hit a high of Rs 34819.1 and low of Rs 33854.8 so far during the session. The stock had closed at Rs 34427.95 in the previous session.The counter has had a total traded volume of 300 shares so far with a value of Rs 1.03 crore on the . It traded at a price-to-earnings multiple of 71.58 and a price-to-book ratio of 30.86.
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 reflects the price investors are willing to pay even for no growth in the business.
The scrip declined 8.26 per cent during the past one year, while the 30-share index advanced 27.11 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 foreign investors and domestic institutional investors ownership stood at 21.77 per cent and 17.92 per cent, respectively.
Key Financials
The firm 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.
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
