Share price of Page Industries Ltd. falls as Nifty weakens

A total of 273 shares changed hands on the counter till 01:32PM (IST).

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Sensex and Nifty shed more than 9 per cent last week, and the indices entered bear market territory, and the bottom is not yet in sight.
Shares of Page Industries Ltd. slipped 0.28 per cent to Rs 19309.65 in Friday's trade as of 01:32PM (IST).

The stock hit a high price of Rs 19480.0 and low of Rs 19262.85 during the session.

The return on equity (ROE) for the stock stood at 41.86 per cent. Traded volume on the counter stood at 01:32PM shares and turnover at Rs 0.53 crore around that time.


The stock of Page Industries Ltd. quoted a 52-week high and 52-week low prices of Rs 26891.0 and Rs 16186.75, respectively.

The Beta value of the counter, which measures its volatility in relation to the broader market, stood at 0.87.

Promotor/FII Holding
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Promoters held 0.0 per cent stake in the company as of 30-Jun-2020, while foreign investors held 25.53 per cent and domestic institutional investors had 11.24 per cent.

Key Financials
The company reported consolidated sales of Rs 541.26 crore for the quarter ended 31-Mar-2020, down 31.81 per cent from previous quarter's Rs 793.8 crore and down 10.96 per cent from the year-ago quarter's Rs 607.86 crore.

Net profit after tax for the latest quarter stood at Rs 31.02 crore, down 58.62 per cent from the same quarter a year ago.
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