Page Industries rises 1.81% as Sensex slides

Shares of Ltd. traded at Rs 41445.75 on BSE at 10:15AM (IST) on Tuesday, up 1.81 per cent from previous close.

The stock quoted a 52-week low price of Rs 21672.95 and a high of Rs 41506.9.

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

A total of 228 lakh shares changed hands on the counter till 10:15AM (IST).

The stock of Page Industries Ltd. commanded a market value of Rs 46181.33 crore, according to BSE.

The stock traded at a price-to-earning (P/E) multiple of 104.79, while the price-to-book value ratio stood at 38.24. Return on equity (ROE) was at 38.48 per cent, according to exchange data.

In the BSE500 pack, 342 stocks traded in the green, while 158 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 30-Sep-2021 while foreign portfolio investors and domestic institutional investors owned 23.73 per cent and 13.18 per cent, respectively.

Moving averages
The 200-DMA of the stock stood at 31596.81 on November 16, while the 50-DMA was at 35779.91. 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.