Page Industries shares rise 2.86% as Sensex slides

Page Industries shares rise 2.86% as Sensex slides
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Synopsis

A total of 611 shares changed hands on the counter till 11:58AM (IST)

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MACD is known for signaling trend reversals in traded securities or indices. It is the difference between the 26-day and 12-day exponential moving averages.
Shares of the Ltd. traded at Rs 41071.25 on BSE at 11:58AM (IST) on Tuesday, up 2.86 per cent from previous close.

The stock quoted a 52-week low price of Rs 27053.05 and a high of Rs 45162.9.

Earlier, shares of the company saw a gap up opening in the morning.

A total of 611 lakh shares changed hands on the counter till 11:58AM (IST).

The stock of Page Industries Ltd. commands a market value of Rs 45898.19 crore.

The stock traded at a price-to-earning (P/E) multiple of 104.15, 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, 296 stocks traded in the green, while 203 stocks were in the red.

Promotor Holding
Promoters held 47.19 per cent in the Page Industries Ltd. as of 31-Dec-2021 while overseas and domestic institutional investors owned 25.07 per cent and 17.33 per cent, respectively.

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