Page Industries shares advanced 4.5 per cent to Rs 28,806 on the BSE in an otherwise volatile market on Tuesday after the company approved appointment of V S Ganesh as Executive Director and Chief Executive Officer of the company. Ganesh will be appointed for a period of 5 years effective June 1, 2021. Consequent to the elevation, the Board has shortened his present term of Executive Director – Manufacturing and Operation to the closing hours on May 31, 2021. At 10:10 am, the stock was ruling over 3 per cent higher at Rs 28,448 on the BSE as against a 0.44 per cent gain in the benchmark S&P BSE Sensex. So far in the calendar year 2021, the stock has given nil returns to its investors and is down 0.01 per cent on a YTD basis. From its 52-week high of Rs 32,372, touched on February 10, 2021, the stock has declined 15 per cent as of Monday, February 22.