The counter opened at Rs 32515.45 and touched an intraday high and low of Rs 32978.6 and Rs 32446.45, respectively, in the session so far. The stock of Page Industries Ltd. quoted a 52-week high of Rs 33980.0 and a 52-week low of Rs 17700.0.
Total market cap of the Page Industries Ltd. stood at Rs 36760.16 crore at the time of writing this report.
Key Financials
The company reported consolidated sales of Rs 886.32 crore for the quarter ended 31-Mar-2021, down 4.82 per cent from previous quarter’s Rs 931.21 crore and down 60.81 per cent from the year-ago quarter’s Rs 551.17 crore.
The net profit for latest quarter stood at Rs 115.56 crore, up 272.49 per cent from the corresponding quarter last year.
Shareholding pattern
As of 30-Jun-2021, domestic institutional investors held 26.5 per cent stake in the firm, while foreign institutional investors held 47.24 per cent and the promoters 95.82 per cent.
Valuation ratio
According to BSE data, the stock traded at a price-to-earnings multiple of 107.93 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.
