Page Industries share price: Share price of Page Industries falls as Sensex gains 509.38 points

The share price of Ltd. dropped 0.35 per cent to Rs 32800.0 at 01:37PM (IST) in Wednesday’s trade. The stock has hit a high of Rs 33200.0 and low of Rs 32725.6 so far during the session. The stock had closed at Rs 32915.45 in the previous session.

The counter has had a total traded volume of 313 shares so far with a value of Rs 1.03 crore on the NSE. It traded at a price-to-earnings multiple of 107.53 and a price-to-book ratio of 38.24.

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 reflects the price investors are willing to pay even for no growth in the business.

The scrip gained 67.9 per cent during the past one year, while the 30-share index advanced 42.47 per cent during the same period.

Page Industries Ltd. belongs to the Branded Hosiery/Knitwear industry.


Promotor/FII Holding

Promoters held 0.0 per cent stake in the company as of 30-Jun-2021, while foreign investors and domestic institutional investors ownership stood at 23.62 per cent and 13.25 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.

Profit for the latest quarter stood at Rs 115.56 crore, up 272.49 per cent from the same quarter a year ago.

Source Link