Page Industries share price: Page Industries share price down 0.19 per cent

Shares of Ltd. traded 0.19 per cent up at Rs 29913.75 at around 12:35PM (IST) on Thursday. The stock had closed at Rs 29969.2 in the previous session. Equity benchmark Sensex traded 144.93 points lower at 52357.05 around the same time.

The scrip has climbed 65.15 per cent in the last one year till date, while the 30-share index has gained 54.99 per cent during the same period.

The stock’s 52-week high price stood at Rs 32450.0 and the 52-week low price at Rs 17700.0.

Trading volume on the counter stood at 482 shares, while it quoted a price-to-earnings ratio of 98.0, an EPS value of 305.35 and a price-to-book value of 23.03. In the Nifty50 pack, 20 stocks traded in the green, while 29 stocks were in the red.

Promoter/FII Holding
Promoters held 48.32 per cent stake in the company as of 31-Mar-2021, while FII and mutual funds’ ownership stood at 25.89 per cent and 12.07 per cent, respectively.

Key Financials
For the quarter ended 31-Mar-2021, the company reported consolidated sales of Rs 886.32 crore, down 4.82 per cent from the previous quarter’s Rs 931.21 crore and down 60.81 per cent from the year-ago quarter’s Rs 551.17 crore. The company reported net profit of Rs 115.56 crore for the latest quarter.

Technical Indicators

The MACD signalled a bearish bias on the counter. The MACD is known for signalling trend reversals in traded securities or indices. It is the difference between the 26-day and 12-day exponential moving averages. A nine-day exponential moving average, called the signal line, is plotted on top of the MACD to reflect “buy” or “sell” opportunities. When the MACD crosses below the signal line, it gives a bearish signal, indicating that the price of the security may see a downward movement and vice versa.

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