Page Industries falls despite reporting 23% rise in Q3 net profit
Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel
https://t.me/InvestmentGuruIndiacom
Download Telegram App before Joining the Channel
Page Industries is currently trading at Rs. 36623.00, down by 96.45 points or 0.26 % from its previous closing of Rs. 36719.45 on the BSE.
The scrip opened at Rs. 36740.00 and has touched a high and low of Rs. 36901.00 and Rs. 35890.00 respectively. So far 658 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 43599.00 on 16-May-2023 and a 52 week low of Rs. 34968.60 on 26-May-2023.
Last one week high and low of the scrip stood at Rs. 37356.80 and Rs. 35900.05 respectively. The current market cap of the company is Rs. 40942.92 crore.
The promoters holding in the company stood at 45.11% while Institutions and Non-Institutions held 46.40% and 8.49% respectively.
Page Industries has reported results for third quarter ended December 31, 2023 (Q3FY24).
The company has reported 23.13% rise in its net profit at Rs 152.35 crore for Q3FY24 as compared to Rs 123.73 crore for the same quarter in the previous year. Total income of the company increased by 2.72% at Rs 1,234.31 crore for Q3FY24 as compared Rs 1,201.65 crore for corresponding quarter of the previous year.
Page Industries’ brand Jockey has pioneered the innerwear industry on many fronts. The company has established the premium segment in the innerwear category in India through brand Jockey.
