The counter opened at Rs 30125.0 and touched an intraday high and low of Rs 30192.8 and Rs 29700.0, respectively, in the session so far. Shares of the company of Page Industries Ltd. quoted a 52-week high of Rs 32450.0 and a 52-week low of Rs 17639.15.
As per BSE, the total market cap of the Page Industries Ltd. stood at Rs 33617.78 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 31-Mar-2021, DIIs held 12.07 per cent stake in the company, while foreign institutional investors held 25.89 per cent and the promoters 0.0 per cent.
Valuation ratio
According to BSE data, the stock traded at a P/E multiple of 98.71 and a price-to-book ratio of 23.03. 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.
