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    Page Industries Ltd. shares drop 0.26% as Sensex falls

    Synopsis

    A total of 110 shares changed hands on the counter till 10:56AM (IST)

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    Shares of Page Industries Ltd. traded 0.26 per cent down at Rs 18850.0 at 10:56AM (IST) on Wednesday, even as BSE benchmark Sensex dropped 177.17 points to 38229.84. The stock had settled at Rs 18899.15 in the previous session.

    The stock quoted a 52-week high and 52-week low of Rs 26891.0 and Rs 16186.75, respectively.

    As per BSE data, total traded volume on the counter till 10:56AM (IST) stood at 10:56AM shares with turnover at Rs 0.21 crore.

    At the current price, shares of the company trades at 61.49 times its trailing 12-month earnings per share of Rs 307.72 per share and 25.74 times its price-to-book value, BSE 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 0.0 per cent stake in the company as of 30-Jun-2020, while FIIs owned 25.53 per cent and DIIs 11.24 per cent.
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