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Page Industries gains after good Q3 result

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Capital Market
Last Updated : Feb 12 2015 | 3:31 PM IST

Page Industries rose 1.17% to Rs 11,811 at 14:05 IST on BSE after net profit rose 29.1% to Rs 44.70 crore on 25.01% growth in total income to Rs 383.15 crore in Q3 December 2014 over Q3 December 2013.

The result was announced during market hours today, 12 February 2015.

Meanwhile, the S&P BSE Sensex was down 9.06 points or 0.03% at 28,524.91

On BSE, so far 1,577 shares were traded in the counter as against average daily volume of 1,385 shares in the past one quarter.

The stock hit a high of Rs 12,028.55 and low of Rs 11,720 so far during the day. The stock scaled a record high of Rs 12,800 on 23 December 2014. The stock hit a 52-week low of Rs 5,451 on 11 February 2014.

The stock had outperformed the market over the past one month till 11 February 2015, rising 5.72% compared with 3.92% rise in the Sensex. The scrip had also outperformed the market in past one quarter, surging 20.82% as against Sensex's 2.24% rise.

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The large-cap company has equity capital of Rs 11.15 crore. Face value per share is Rs 10.

Page Industries said that the Board of Directors of the company at its meeting held today, 12 February 2015 declared payment of interim dividend of Rs 18 per share for the ending 31 March 2015.

Page Industries is the exclusive licensees of JOCKEY International Inc. (USA) for manufacture and distribution of the JOCKEY brand innerwear/leisurewear for men and women in India, Sri Lanka, Bangladesh, Nepal and UAE. Page Industries is also the exclusive licensee of Speedo International for the manufacture, marketing and distribution of the Speedo brand in India. The company was set up in 1994 with the key objective of bringing the world renowned brand 'JOCKEY' to India.

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First Published: Feb 12 2015 | 2:18 PM IST

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