Page Industries declines 0.6% as Sensex climbs

Page Industries declines 0.6% as Sensex climbs
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Synopsis

The stock traded at a P/E multiple of 98.56, while the price-to-book value ratio stood at 23.03.

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tate-owned Canara Bank invited bids to sell 30 per cent stake in its housing finance subsidiary.
Shares of Ltd. traded at Rs 30063.2 on BSE at 01:50PM (IST) on Friday, down 0.6 per cent from previous close.

The scrip quoted a 52-week low price of Rs 17639.15 and a high of Rs 32450.0.

Earlier, the stock saw a gap up opening in the morning.

Did you Know?

Stock score of Page Industries Ltd moved down by 1 in a week.

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A total of 557 lakh shares changed hands on the counter till 01:50PM (IST).

The stock of Page Industries Ltd. commanded a market value of Rs 33567.58 crore, according to BSE.

The stock traded at a price-to-earning (P/E) multiple of 98.56, while the price-to-book value ratio stood at 23.03. Return on equity (ROE) was at 38.48 per cent, according to exchange data.

In the BSE500 pack, 240 stocks traded in the green, while 260 stocks were in the red.

The stock's beta value, which measures volatility in relation to the broader market, stood at 0.87.

Promotor/FII Holding
Promoters held 0.0 per cent in Page Industries Ltd. as of 31-Mar-2021 while foreign portfolio investors and domestic institutional investors owned 25.89 per cent and 12.07 per cent, respectively.

Moving averages
The 200-DMA of the stock stood at 25904.34 on June 11, while the 50-DMA was at 29966.29. If a stock trades below 50-DMA and 200-DMA, it usually means the immediate trend is upward. On the other hand, if the stock trades below 50-DMA and 200-DMA, it is considered as bearish trend and if trades between 50-DMA and 200-DMA, then it suggests the stock can go either way.

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