The counter had a total traded volume of 11:32AM shares so far with a turnover of Rs 1.08 crore on BSE. The stock traded at a price-to-earnings multiple of 97.55 and a price-to-book ratio of 23.03.
A higher P/E ratio shows investors are willing to pay a higher price for per rupee earnings given by the stock because of better future growth expectations.
The 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.
Promotor/FII Holding
Promoters held 48.32 per cent stake in the company as of 31-Mar-2021, while foreign investors and domestic institutional investors ownership stood at 25.89 per cent and 15.45 per cent, respectively.
Key Financials
The firm reported consolidated net sales of Rs 886.32 crore for the quarter ended 31-Mar-2021, 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.
Its profit for the latest quarter stood at Rs 115.56 crore, up 272.49 per cent from the same quarter a year ago.
