Page Industries shares dip 1.13% as Sensex drops 📉

Understanding Page Industries: A Detailed Analysis

Are you interested in gaining insights into Page Industries Ltd.? Here is a comprehensive analysis of the company’s performance, key financials, and technical indicators to help you make informed decisions as a crypto investor.

Performance Review 📈

Let’s dive into the details of Page Industries’ performance in the current market scenario:

– Page Industries’ stock fell by 1.13% to Rs 34155.3 in Monday’s session.
– Sensex traded 395.21 points lower at 72269.26.
– The stock witnessed a gap up start to the session.
– The 52-week high and low prices are Rs 43599.0 and Rs 33100.0, respectively.
– Around 220 shares changed hands on the counter till 11:52AM (IST).
– The stock opened at Rs 34274.95 and touched an intraday high and low of Rs 34395.0 and Rs 34066.8.
– Price-to-earnings (PE) ratio: 73.23
– Earnings per share (EPS): Rs 483.55
– Price to book value (PB): 30.86
– Return on equity (ROE): 41.66%

Promoter/ FII Holding 📊

Here is an overview of the current stakeholding in Page Industries:

– Promoters held 45.11% stake in the company as of May 13.
– FII and MF ownerships stood at 20.86% and 19.27%, respectively.

Key Financials 💰

Let’s take a closer look at some of the key financial metrics of Page Industries:

– Market capitalisation: Rs 38533.73 crore
– Industry: Branded Hosiery/Knitwear
– Consolidated sales for the quarter ended 31-Dec-2023: Rs 1234.31 crore, up 9.54% from the previous quarter.
– Net profit for the latest quarter: Rs 152.35 crore, up 23.13% from the corresponding quarter last year.

Technical Indicators 🔍

Understanding the technical indicators of Page Industries can provide valuable insights:

– Relative Strength Index (RSI): 40.89
– RSI indicates the stock’s overbought (above 70) or oversold (below 30) conditions.
– It is essential to consider multiple indicators before making trading decisions.

Hot Take: Your Investment Perspective 🚀

Now that you have a detailed analysis of Page Industries, how will you leverage this information for your crypto investment strategy? Make informed decisions based on the insights shared above and stay ahead in the dynamic world of crypto investments.