Page Industries rises 1.81% as Sensex climbs

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Shares of Ltd. traded at Rs 40110.8 on BSE at 11:36AM (IST) on Friday, up 1.81 per cent from previous close.

The stock quoted a 52-week low price of Rs 26871.4 and a high of Rs 41750.0.

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



A total of 87 lakh shares changed hands on the counter till 11:36AM (IST).

The stock of Page Industries Ltd. commanded a market value of Rs 44739.92 crore, according to BSE.

The stock traded at a price-to-earning (P/E) multiple of 101.52, 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, 409 stocks traded in the green, while 91 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 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 33261.53 on December 31, while the 50-DMA was at 39190.79. 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.



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