Page Industries shares gain 0.4% as Sensex rises

Shares of Page Industries Ltd. traded 0.4 per cent up at Rs 47103.7 at 10:25AM (IST) on Wednesday, even as BSE benchmark Sensex gained 52.8 points to 61471.76. The stock had closed at Rs 46918.0 in the previous session.

The stock quoted a 52-week high and 52-week low of Rs 54262.3 and Rs 36500.0, respectively.

As per BSE data, total traded volume on the counter till 10:25AM (IST) stood at 10:25AM shares with turnover at Rs 0.56 crore.

At the prevailing price, the stock trades at 71.77 times its trailing 12-month EPS of Rs 658.3 per share and 44.25 times its price-to-book value, the exchange data showed.

A higher P/E ratio shows investors are willing to pay a higher share price today because of growth expectations in the future. Price-to-book value indicates the inherent value of a company and is the measure of the price that investors are ready to pay even for no growth in the business.

The Beta value of the stock, which measures its volatility in relation to the broader market, stood at 0.87.

Shareholding Details
Promoters held 46.12 per cent stake in the company as of 30-Sep-2022, while FIIs owned 25.18 per cent and DIIs 18.84 per cent.