Share price of Page Industries falls as Sensex gains 24.94 points

The share price of Page Industries Ltd. dropped 0.02 per cent to Rs 38400.0 at 12:30PM (IST) in Wednesday's trade. The scrip has hit a high of Rs 38550.0 and low of Rs 38250.0 so far during the session. The stock had closed at Rs 38407.6 in the previous session.

The counter has had a total traded volume of 753 shares so far with a value of Rs 2.88 crore on the NSE. It traded at a price-to-earnings multiple of 74.89 and a price-to-book ratio of 30.86.

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 declined 3.98 per cent during the past one year, while the 30-share index advanced 16.34 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 31-Mar-2023, while FIIs and domestic institutional investors ownership stood at 22.39 per cent and 16.55 per cent, respectively.

Key Financials
The firm reported consolidated sales of Rs 976.21 crore for the quarter ended 31-Mar-2023, down 20.3 per cent from the previous quarter's Rs 1224.9 crore and down 12.53 per cent from the year-ago quarter's Rs 1116.04 crore.

Profit for the latest quarter stood at Rs 78.35 crore, down 58.88 per cent from the same quarter a year ago.