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Shares of Page Industries hit a fresh all-time high today after the firm reported a multifold rise in Q1 profit. Page Industries stock rose 2.09 per cent to a record high of Rs 50,146.4 against the previous close of Rs 49,122.05 on BSE. The large-cap stock is trading higher than 5-day, 20-day, 50-day, 100-day and 200-day moving averages. The stock opened higher at Rs 49,799.5 today. The share has gained 53.5 per cent in a year and climbed 23.22 per cent since the beginning of this year. ....
Garments manufacturer Page Industries stock gained 8 per cent in early trade today after the firm logged a 65 per cent rise in Q4 profit. Shares of Page Industries rose 8.43 per cent to Rs 45,175 against the previous close of Rs 41,665 on BSE. The stock opened with a gain of 3.28 per cent at Rs 43,031 today.
The large cap stock has fallen after two days of consecutive gain. Page Industries stock is trading higher than 5-day, 20-day, 50-day, 100-day and 200-day moving averages.
Read more about Valuations cap upside in Page Industries, near-term headwinds a concern on Business Standard. Return to double-digit trajectory and expansion are positives from the medium term perspective ....
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. ....