Share price of Page Industries Ltd. jumps as Sensex drops 626.6 points
Share price of Page Industries Ltd. gained 0.34 per cent to Rs 17550.0 at 11:33AM (IST) in Thursday's trade. The counter hit a high of Rs 17650.2 and low of Rs 17075.0 so far during the session. The stock had closed at Rs 17491.25 in the previous session.
The counter had a total traded volume of 176 shares so far with a turnover of Rs 0.31 crore on BSE. The stock traded at a price-to-earnings multiple of 50.57 and a price-to-book ratio of 25.26.
A higher price-to-earnings 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 0.0 per cent stake in the company as of 31-Mar-2020, while FIIs and domestic institutional investors ownership stood at 29.18 per cent and 8.38 per cent, respectively.
Key Financials
The company reported consolidated sales of Rs 793.8 crore for the quarter ended 31-Dec-2019, up 2.37 per cent from the previous quarter's Rs 775.4 crore and up 7.51 per cent from the year-ago quarter's Rs 738.32 crore.
Its profit for the latest quarter stood at Rs 87.0186 crore, down 14.6 per cent from the same quarter a year ago.
The counter had a total traded volume of 176 shares so far with a turnover of Rs 0.31 crore on BSE. The stock traded at a price-to-earnings multiple of 50.57 and a price-to-book ratio of 25.26.
A higher price-to-earnings 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 0.0 per cent stake in the company as of 31-Mar-2020, while FIIs and domestic institutional investors ownership stood at 29.18 per cent and 8.38 per cent, respectively.
Key Financials
The company reported consolidated sales of Rs 793.8 crore for the quarter ended 31-Dec-2019, up 2.37 per cent from the previous quarter's Rs 775.4 crore and up 7.51 per cent from the year-ago quarter's Rs 738.32 crore.
Its profit for the latest quarter stood at Rs 87.0186 crore, down 14.6 per cent from the same quarter a year ago.