Page Industries stock price down 1.51 per cent as Sensex climbs

Shares of Page Industries Ltd. fell 1.51 per cent to Rs 41101.95 at 01:53PM hours (IST) on Monday. Earlier in the day, the stock saw a gap up start to the session.

As per data available on BSE, total traded quantity on the counter stood at 276 shares with a turnover of Rs 1.14 crore till 01:53PM (IST). The stock traded at a price-to-earnings (P/E) multiple of 62.74, 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. The stock hit an intraday high of Rs 42000.0 and a low of Rs 41101.95 during the session and quoted a 52-week high price of Rs 54262.3 and a 52-week low of Rs 37806.6.

The stock's beta value, which measures its volatility in relation to the broader market, stood at 0.87.

Technical Indicators

The 200-DMA (day moving average) of the stock stood at Rs 45970.13 on January 09, while the 50-DMA was at Rs 45871.58. If a stock trades above 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 a bearish trend. If it trades between 50-DMA and 200-DMA, then it suggests the stock can go either way.

The Relative Strength Index (RSI) of the stood at 28.79. The RSI oscillates between zero and 100. Traditionally, a stock is considered overbought when the RSI value stands above 70 and oversold when it is below 30.

Promoter holding

As of 30-Sep-2022, promoters held 46.12 per cent stake in the company, while overseas investors held 25.18 per cent and domestic institutional investors had 18.84 per cent.