Page Industries fell 2.45% to Rs 15,950 at 14:22 IST on BSE, with the stock sliding on profit booking after recent rally.
Meanwhile, the S&P BSE Sensex was up 103.64 points, or 0.33% at 31,199.34.
On the BSE, 604 shares were traded on the counter so far as against the average daily volumes of 3,622 shares in the past two weeks. The stock had hit a high of Rs 16,459 and a low a low of Rs 15,855.95 so far during the day. The stock had hit a record high of Rs 17,351.51 on 24 October 2016 and a 52-week low of Rs 12,360 on 24 November 2016.
The stock had outperformed the market over the past one month till 12 June 2017, advancing 9.47% compared with the Sensex's 3.01% rise. The scrip had also outperformed the market over the past one quarter advancing 14.62% as against the Sensex's 7.43% rise. The scrip had also outperformed the market over the past one year advancing 19.54% as against the Sensex's 16.74% rise.
The large-cap company has equity capital of Rs 11.15 crore. Face value per share is Rs 10.
Page Industries had rallied 9.96% in the preceding three trading sessions to settle at Rs 16,350.45 yesterday, 12 June 2017, from its closing of Rs 14,869.15 on 7 June 2017.
Page Industries' net profit rose 17.9% to Rs 66.79 crore on 13.2% increase in net sales to Rs 498.92 crore in Q4 March 2017 over Q4 March 2016.
Page Industries is the exclusive licensee 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.
Powered by Capital Market - Live News
Disclaimer: No Business Standard Journalist was involved in creation of this content
