Wednesday, February 1, 2023
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HomeMarketStocksPage Industries shares down 2.07% as Nifty drops

Page Industries shares down 2.07% as Nifty drops

NEW DELHI: Shares of . traded 2.07 per cent down in Friday’s commerce at 02:00PM (IST). Round 523 shares modified fingers on the counter.

The counter opened at Rs 43846.0 and touched an intraday excessive and low of Rs 43874.05 and Rs 43100.1, respectively, within the session to this point. Shares of the corporate of Page Industries Ltd. quoted a 52-week excessive of Rs 54262.3 and a 52-week low of Rs 37201.2.

Complete market cap of the Web page Industries Ltd. stood at Rs 48154.84 crore on the time of scripting this report.

Key Financials

The corporate reported consolidated internet gross sales of Rs 1257.69 crore for the quarter ended 30-Sep-2022, down 6.46 per cent from earlier quarter’s Rs 1344.56 crore and down 15.45 per cent from the year-ago quarter’s Rs 1089.37 crore.

The online revenue for contemporary quarter stood at Rs 162.13 crore, up 1.02 per cent from the identical quarter a yr in the past.

Shareholding sample

As of 30-Sep-2022, DIIs held 15.19 per cent stake within the firm, whereas overseas institutional traders held 25.18 per cent and the promoters 46.12 per cent.

Valuation ratio

In line with BSE information, the inventory traded at a P/E a number of of 65.58 and a price-to-book ratio of 44.25. A better P/E ratio reveals traders are keen to pay a better value due to higher future development expectations. Value-to-book worth signifies the inherent worth of an organization and is the measure of the worth that traders are able to pay even for no development within the enterprise.

Web page Industries Ltd. belongs to the Branded Hosiery/Knitwear trade.

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