The counter opened at Rs 39500.0 and touched an intraday high and low of Rs 40300.0 and Rs 39463.45, respectively, in the session so far. The stock of Page Industries Ltd. quoted a 52-week high of Rs 41750.0 and a 52-week low of Rs 21872.75.
Total market cap of the Page Industries Ltd. stood at Rs 44695.47 crore at the time of writing this report.
Key Financials
The company reported consolidated sales of Rs 1089.37 crore for the quarter ended 30-Sep-2021, up 115.68 per cent from previous quarter’s Rs 505.09 crore and up 46.42 per cent from the year-ago quarter’s Rs 744.02 crore.
The net profit for latest quarter stood at Rs 160.49 crore, up 44.76 per cent from the corresponding quarter last year.
Shareholding pattern
As of 30-Sep-2021, DIIs held 13.18 per cent stake in the firm, while foreign institutional investors held 23.73 per cent and the promoters 47.91 per cent.
Valuation ratio
According to BSE data, the stock traded at a P/E multiple of 101.42 and a price-to-book ratio of 38.24. A higher P/E ratio shows investors are willing to pay a higher price because of better future growth expectations. 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.
Page Industries Ltd. belongs to the Branded Hosiery/Knitwear industry.
