Page Industries share price gains 0.77% as Nifty drops

Page Industries share price gains 0.77% as Nifty drops

Page Industries share price gains 0.77% as Nifty drops

Stock Market Update: Page Industries share price gained 0.77 percent in early trade. While benchmark Nifty traded with a loss of 0.085% at 11,495.15. The share price traded at Rs. 18,713.60. Around 11,978 shares exchanged on the counter.  

On Monday, Page Industries started its trade at Rs. 18,745.00 and reached a day high price of Rs. 18,847.00. Similarly, it reaches a day low price of Rs. 18,500.30. 

Page Industries Limited is a manufacturing and distribution of men and womenswear under the Jokey international brand.

As of the reports, the shares of Page industries traded at 108.67 times to its EPS of Rs. 173.03 per share. Besides, The stock quoted 23.03 times to its P/B value.

According to the news, the share price of Page Industries Ltd. quoted a 52-week high price of Rs. 26,882.60 and a 52-week low price of Rs. 16,254.00. 

The market capitalization of the stock stood at Rs. 20,813.91. However, the shares of the company traded in a bearish trend as of the technical analysis.

As of the financial report, the company published a consolidated sales of Rs. 284 crores. It had published sales of Rs. 834 crores in the same period a year ago. However, the net loss for the latest quarter stood at Rs. 39 crores.

Stock Market September 21st:  

On Monday, both Sensex and Nifty traded in a bearish trend in the stock market. The BSE Sensex dropped 19.34 points with a 0.050% decrease and reached a 38,826.48 level. Besides, the Nifty decreased 10.60 points with a 0.092% decrease and reached the 11,494.35 level.

On the other side, the number of coronavirus cases in India reached 54,87,580 as of Monday, September 21st, and deaths reached 87,882.

In the border markets, the S&P BSE Small-Cap reported a bearish trend in the stock market. It declines 77.71 points with a 0.51% decrease and reached the 15,222.27 level. The S&P BSE Mid-Cap drops 123.24 points with a 0.82% decrease and reached a 14,924.56 level. While the Nifty Bank drops 103.70 points with a 0.47% drop and reached the 21,927.35 level.

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