Page Industries declines 0.56% as Sensex slides

Shares of Page Industries Ltd. traded at Rs 47291.8 on BSE at 12:12PM (IST) on Friday, down 0.56 per cent from previous close.

The scrip quoted a 52-week low price of Rs 36500.0 and a high of Rs 54262.3.

Earlier, the stock saw a gap up opening in the morning.

A total of 66 lakh shares changed hands on the counter till 12:12PM (IST).

The stock of Page Industries Ltd. commanded a market value of Rs 52836.46 crore, according to BSE.

The stock traded at a price-to-earning (P/E) multiple of 71.96, while the price-to-book value ratio stood at 44.25. Return on equity (ROE) was at 49.28 per cent, according to exchange data.

In the BSE500 pack, 264 stocks traded in the green, while 236 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-2022 while foreign portfolio investors and domestic institutional investors owned 0.0 per cent and 15.19 per cent, respectively.

Moving averages
The 200-DMA of the stock stood at 45593.89 on December 02, while the 50-DMA was at 49792.32. 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.