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    Share price of Page Industries jumps as Sensex gains 224.62 points

    Synopsis

    A total of 68 shares changed hands on the counter till 10:15AM (IST)

    Reuters
    Investors should therefore use dips towards 15,200-15,400 to their advantage to accumulate quality largecaps and midcaps.
    Share price of Ltd. gained 0.37 per cent to Rs 32693.2 at 10:15AM (IST) in Monday's trade. The scrip hit a high of Rs 32988.0 and low of Rs 32400.0 so far during the session. The stock had closed at Rs 32571.2 in the previous session.

    The counter had a total traded volume of 10:15AM shares so far with a turnover of Rs 0.22 crore on BSE. The stock traded at a price-to-earnings multiple of 108.03 and a price-to-book ratio of 38.24.

    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.

    Did you Know?

    Stock score of Page Industries Ltd moved up by 2 in a week on a 10-point scale.

    View Latest Stock Report »

    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 95.82 per cent stake in the company as of 30-Jun-2021, while overseas investors and domestic institutional investors ownership stood at 47.24 per cent and 36.02 per cent, respectively.

    Key Financials
    The firm reported consolidated net sales of Rs 886.32 crore for the quarter ended 31-Mar-2021, down 4.82 per cent from the previous quarter's Rs 931.21 crore and down 60.81 per cent from the year-ago quarter's Rs 551.17 crore.

    Its profit for the latest quarter stood at Rs 115.56 crore, up 272.49 per cent from the same quarter a year ago.
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