Share price of Page Industries jumps as Sensex drops 1255.82 points

The share price of Page Industries Ltd. gained 0.06 per cent to Rs 44855.75 at 11:01AM (IST) in Monday's trade. The counter has hit a high of Rs 45178.6 and low of Rs 44220.0 so far during the session. The stock had closed at Rs 44830.55 in the previous session.

The counter has had a total traded volume of 119 shares so far with a value of Rs 0.53 crore on the NSE. It traded at a price-to-earnings multiple of 108.33 and a price-to-book ratio of 38.24.

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 reflects the price investors are willing to pay even for no growth in the business.

The scrip gained 53.31 per cent during the past one year, while the 30-share index advanced 19.21 per cent during the same period.

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-2022, while overseas investors and domestic institutional investors ownership stood at 25.21 per cent and 12.94 per cent, respectively.

Key Financials
The company reported consolidated sales of Rs 1196.94 crore for the quarter ended 31-Dec-2021, up 9.87 per cent from the previous quarter's Rs 1089.37 crore and up 28.54 per cent from the year-ago quarter's Rs 931.21 crore.

Profit for the latest quarter stood at Rs 174.57 crore, up 13.58 per cent from the same quarter a year ago.