The counter had a total traded volume of 10:15AM shares so far with a turnover of Rs 0.22 crore on BSE. The stock traded at a price-to-earnings multiple of 108.03 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 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 95.82 per cent stake in the company as of 30-Jun-2021, while overseas investors and domestic institutional investors ownership stood at 47.24 per cent and 36.02 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.
