Page Industries Limited
PAGEIND.NS
₹37430.00
▼ 2.26%
Page Industries slid 2.26% to ₹37,430, with the stock now down roughly 12.5% over the past year as demand worries continue to weigh on sentiment. The June-quarter numbers told a story of margin resilience masking top-line softness — revenue grew just 3.1% year-on-year to Rs 1,316.6 crore on volumes up a mere 1.9% to 58.6 million pieces, even as EBITDA rose a healthier 21.1% to Rs 294.7 crore and profit climbed 21.5% to Rs 200.8 crore. Brokerage Nuvama pointed to weak consumer sentiment and softer store footfalls as the culprits behind the tepid volume growth. Valuations remain rich by any yardstick, with the stock trading near a P/E of 58.3 times and price-to-book of about 29.6 times, leaving little room for disappointment even as shares trade well off their 52-week high of Rs 47,310.
CAGR Performance
| 1 Year | 2 Years | 5 Years | 10 Years |
|---|---|---|---|
| -13.64% | -4.35% | 3.81% | 10.31% |
No comments:
Post a Comment