Page Industries shares up 1.09% as Nifty gains
A total of 205 shares changed hands on the counter till 12:33PM (IST).
By ETMarkets.com |
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NEW DELHI: Shares of Page Industries Ltd. traded 1.09 per cent up in Friday's trade at 12:33PM (IST). Around 205 shares changed hands on the counter.
The counter opened at Rs 42416.95 and touched an intraday high and low of Rs 42878.0 and Rs 42370.05, respectively, in the session so far. Shares of the company of Page Industries Ltd. quoted a 52-week high of Rs 46705.0 and a 52-week low of Rs 29130.4.
As per BSE, the total market cap of the Page Industries Ltd. stood at Rs 47326.67 crore at the time of writing this report.
Key Financials
The company reported consolidated net sales of Rs 1196.94 crore for the quarter ended 31-Dec-2021, up 9.87 per cent from previous quarter's Rs 1089.37 crore and up 28.54 per cent from the year-ago quarter's Rs 931.21 crore.
The net profit for latest quarter stood at Rs 174.57 crore, up 13.58 per cent from the corresponding quarter last year.
As of 31-Mar-2022, DIIs held 12.94 per cent stake in the company, while foreign institutional investors held 25.21 per cent and the promoters 0.0 per cent.
Valuation ratio
According to BSE data, the stock traded at a price-to-earnings multiple of 102.53 and a price-to-book ratio of 38.24. 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.
The counter opened at Rs 42416.95 and touched an intraday high and low of Rs 42878.0 and Rs 42370.05, respectively, in the session so far. Shares of the company of Page Industries Ltd. quoted a 52-week high of Rs 46705.0 and a 52-week low of Rs 29130.4.
As per BSE, the total market cap of the Page Industries Ltd. stood at Rs 47326.67 crore at the time of writing this report.
Key Financials
The company reported consolidated net sales of Rs 1196.94 crore for the quarter ended 31-Dec-2021, up 9.87 per cent from previous quarter's Rs 1089.37 crore and up 28.54 per cent from the year-ago quarter's Rs 931.21 crore.
The net profit for latest quarter stood at Rs 174.57 crore, up 13.58 per cent from the corresponding quarter last year.
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Shareholding pattern As of 31-Mar-2022, DIIs held 12.94 per cent stake in the company, while foreign institutional investors held 25.21 per cent and the promoters 0.0 per cent.
Valuation ratio
According to BSE data, the stock traded at a price-to-earnings multiple of 102.53 and a price-to-book ratio of 38.24. 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.
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