Best News Network

Page Industries shares gain 1.23% as Sensex falls

Shares of Ltd. traded 1.23 per cent higher in Tuesday’s session at 11:36AM (IST). The stock opened at Rs 38173.6 and has touched an intraday high and low of Rs 39000.0 and Rs 38173.5, respectively, during the session so far.

The stock quoted a 52-week high of Rs 41750.0 and a 52-week low of 22670.35. About 122 shares changed hands on the counter so far.

Benchmark Nifty50 was down 35.45 points at 17018.50, while the BSE Sensex traded 124.77 points lower at 57135.81 at the time of writing of this report.



In the Nifty pack, 19 stocks traded the day in the green, while 31 were in the red.

Key Financials

For the quarter ended 30-Sep-2021, the company reported consolidated sales of Rs 1089.37 crore, up 115.68 per cent from the previous quarter’s Rs 505.09 crore and up 46.42 per cent from the year-ago quarter. The company reported net profit of Rs 160.49 crore for the latest quarter.


Promoter Holdings

Promoters held 47.91 per cent stake in the company as of 30-Sep-2021, while FIIs held 23.73 per cent and MFs 13.18 per cent.

Technicals

On the technical charts, the 200-Day Moving Average (DMA) of the stock stood at Rs 32082.42 on November 30, while the 50-DMA was at Rs 37089.37. 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 well below 50-DMA and 200-DMA both, it is considered as bearish trend and if trades between these averages, then it suggests the stock can go either way.

Stay connected with us on social media platform for instant update click here to join our  Twitter, & Facebook

We are now on Telegram. Click here to join our channel (@TechiUpdate) and stay updated with the latest Technology headlines.

For all the latest Business News Click Here 

 For the latest news and updates, follow us on Google News

Read original article here

Denial of responsibility! NewsAzi is an automatic aggregator around the global media. All the content are available free on Internet. We have just arranged it in one platform for educational purpose only. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their authors. If you are the owner of the content and do not want us to publish your materials on our website, please contact us by email – [email protected]. The content will be deleted within 24 hours.