Page Industries gains on reporting 29% rise in Q3 net profit

12 Feb 2015

Page Industries is currently trading at Rs. 11779.90, up by 105.00 points or 0.90% from its previous closing of Rs. 11674.90 on the BSE.

The scrip opened at Rs. 11720.00 and has touched a high and low of Rs. 12028.55 and Rs. 11550.00 respectively. So far 1893 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 12800.00 on 23-Dec-2014 and a 52 week low of Rs. 5451.00 on 11-Feb-2014.

Last one week high and low of the scrip stood at Rs. 12028.55 and Rs. 11237.25 respectively. The current market cap of the company is Rs. 13105.80 crore.

The promoters holding in the company stood at 51.82%, while Institutions and Non-Institutions held 38.26% and 9.92% respectively.

Page Industries has reported a rise of 29.11% in its net profit at Rs 44.71 crore for the quarter under review as compared to Rs 34.63 crore for the same quarter in the previous year. The total income of the company increased 25.02% at Rs 383.15 crore for Q3FY15 as compared to Rs 306.47 crore for the corresponding quarter previous year.

Page Industries has been engaged in the business of manufacturing garments. The company is located in Bangalore and 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, and Nepal.

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Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323