Page Industries Share Price: Page Industries shares rise 0.08 per cent in Wednesday’s trading session

Shares of Ltd. rose 0.08 per cent to Rs 41206.1 in Wednesday’s trade as of 11:34AM (IST) even as the benchmark Nifty ruled at 17998.25, down 0.95 points.

The scrip had closed at Rs 41171.6 in the previous session. The stock quoted a 52-week low of Rs 21672.95 and a high of Rs 41750.0. The company quoted a market-cap of Rs 45936.06 crore on the BSE.

On BSE, 227 shares have changed hands on the counter so far. At its prevailing price, the stock traded at 104.23 times its trailing 12-month EPS of Rs 395.11 per share and 38.24 times its book value. The return on equity (ROE) stood at Rs 38.48.




Key Financials

For the quarter ended 30-Sep-2021, Page Industries Ltd. reported consolidated sales of Rs 1089.37 crore, up 46.42 per cent from the same quarter a year ago. The company reported 44.76 per cent YoY growth in net profit at Rs 160.49 crore for the latest quarter.

Technical indicators

The relative strength index (RSI) of the stock stood at Wednesday. The RSI oscillates between zero and 100. Traditionally, it is considered overbought condition when the RSI value is above 70 and oversold when it is below 30.

Analysts say the RSI indicator should not be seen in isolation, as it may not be sufficient to take a trading call, just the way a fundamental analyst cannot give a “buy” or “sell” recommendation using a single valuation ratio.

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