Large Cap Apparels Stock Sets Record Date For Dividend, Shares Trading Near 52-Week Low

Large cap stock operating in apparels sector, Page Industries Ltd on Monday fixed August 19, 2023 as the record date for 1st interim dividend for the current financial year 2023-24. Last trading price of Page Industries share is Rs 36625.50 apiece on BSE. The stock is currently trading near its 52-week low price of Rs 34,968.60 per share. Check details below:

Page Industries Ltd Declares Record Date For Dividend: According to the BSE filing of Page Industries dated July 17, 2023, "We hereby inform you that the meeting of the Board of Directors of the Company is scheduled to be held on 10 August 2023 inter alia to consider the following:

a) To take on record the Unaudited Financial Results for the first quarter ended 30 June 2023.
b) b) To consider declaration of 1st interim dividend, to the Equity Shareholders of the Company for the current financial year 2023-24.
We further inform you that in case the said interim dividend is declared by the Board of Directors, the Record Date for the purpose of payment of such interim dividend will be 19 August 2023.

Page Industries Stock Performance & Return: Last trading price of Page Industries share is Rs 36625.50 apiece on BSE with intraday decline of 0.15%. Its 52-week high price is Rs 54,262.30 per share and 52-week low price is Rs 34,968.60 per share, respectively. Its market capitalisation is Rs 40,851.62 crore. Page Industries shares witnessed decline of 13% YTD, fell 17% in last 1-year, offered return of 11% in last 2-years, and rallied 89% in last 3-years. In last 10-years, Page Industries stock offered return of 707%.

Page Industries Financial Performance: The company for the quarter ended March 31, 2023 declared its standalone total income at Rs 976.21 crore, down 20.30% as against Rs 1224.90 crore announced in last quarter. It declared its latest quarter net profit after tax at Rs 78.35 crore.

Page Industries About: Page Industries Limited located in Bangalore, India is the exclusive licensee of JOCKEY International Inc. (USA) for manufacture, distribution and marketing of the JOCKEY® brand in India, Sri Lanka, Bangladesh, Nepal and the UAE. Page Industries is also the exclusive licensee of Speedo International Ltd. for the manufacture, marketing and distribution of the Speedo brand in India, according to its official website.

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