Share price of Page Industries rises as Nifty strengthens

Shares of Page Industries Ltd. gained 0.53 per cent to Rs 34500.0 in Friday's trade as of 11:06AM (IST).

The stock hit a high price of Rs 34705.6 and low of Rs 34175.2 during the session.

The return on equity (ROE) for the stock stood at 41.66 per cent. Traded volume on the counter stood at 11:06AM shares and turnover at Rs 0.28 crore around that time.

The stock of Page Industries Ltd. quoted a 52-week high and 52-week low prices of Rs 43599.0 and Rs 33100.0, respectively.

The Beta value of the counter, which measures its volatility in relation to the broader market, stood at 0.87.

Promotor/FII Holding
Promoters held 45.11 per cent stake in the company as of 31-Mar-2024, while FIIs held 20.86 per cent and domestic institutional investors had 25.84 per cent.

Key Financials
The company reported consolidated sales of Rs 1234.31 crore for the quarter ended 31-Dec-2023, up 9.54 per cent from previous quarter's Rs 1126.8 crore and up 0.77 per cent from the year-ago quarter's Rs 1224.9 crore.

Net profit after tax for the latest quarter stood at Rs 152.35 crore, up 23.13 per cent from the same quarter a year ago.