Page Industries share price: Page Industries stock price up 1.26 per cent as Sensex climbs

As per data available on BSE, total traded quantity on the counter stood at 1,054 shares with a turnover of Rs 3.2 crore till 01:42PM (IST). The stock traded at a price-to-earnings (P/E) multiple of 100.24, while the price-to-book value ratio stood at 23.03.

Return on equity (ROE) was at 38.48 per cent, according to exchange data. The stock hit an intraday high of Rs 30734.4 and a low of Rs 29929.15 during the session and quoted a 52-week high price of Rs 32450.0 and a 52-week low of Rs 17700.0.

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 26859.17 on July 07, while the 50-DMA was at Rs 29961.35. 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 62.38. 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 31-Mar-2021, promoters held 48.32 per cent stake in the company, while foreign institutional investors held 25.89 per cent and domestic institutional investors had 15.45 per cent.