Share price of Page Industries falls as Nifty strengthens

Shares of Page Industries Ltd. slipped 1.23 per cent to Rs 41918.0 in Friday’s trade as of 02:00PM (IST).

The stock hit a high price of Rs 42850.0 and low of Rs 41918.0 during the session.

The return on equity (ROE) for the stock stood at 41.66 per cent. Traded volume on the counter stood at 02:00PM shares and turnover at Rs 1.41 crore around that time.

The stock of Page Industries Ltd. quoted a 52-week high and 52-week low prices of Rs 54262.3 and Rs 34968.6, 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 46.12 per cent stake in the company as of 30-Jun-2023, while overseas investors held 21.99 per cent and domestic institutional investors had 21.17 per cent.

Key Financials
The company reported consolidated sales of Rs 1241.93 crore for the quarter ended 30-Jun-2023, up 27.22 per cent from previous quarter’s Rs 976.21 crore and up 7.63 per cent from the year-ago quarter’s Rs 1344.56 crore.

Net profit after tax for the latest quarter stood at Rs 158.36 crore, down 23.51 per cent from the same quarter a year ago.

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