Page Industries Declares Record Date For 2nd Interim Dividend: Key Points

Page Industries Ltd is engaged in manufacturing garments. It commenced operations in the year 1995 with the manufacturing, distribution and marketing of Jockey products. The company has fixed record date for second interim dividend On October 17, 2022. The large cap company has a market capitalisation of Rs 57,284.79 crore.

Check key takeaways pertaining to interim dividend, stock outlook, and about the company, among others below:

1. Page Industries Declares Record Date For 2nd Interim Dividend

The board of directors of Page Industries Ltd said in the exchange filing on October 17, 2022, "We hereby inform you that the meeting of the Board of Directors of the Company is scheduled to be held on 10 November 2022 inter alia to consider the following: a) To take on record the Unaudited Financial Results for the quarter ended 30 September 2022. b) To consider declaration of 2nd interim dividend, to the Equity Shareholders of the Company for the current financial year 2022-23."

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 18 November 2022, as per the BSE filing of Page Industries.

2. Page Industries Ltd Stock Outlook

The last trading price of Page Industries Ltd is Rs 51,358 apiece with an intraday gain of 1.12%. The stock's 52-week high is quoted at Rs 54,000 and 52-week low is quoted at Rs 36,500 apiece, respectively.

3. Page Industries 5-Years Return

The stock has given a return of 168% in last 5-years, 138% in last 3-years, and 37% in last 1 year. In the last 3 months, Page Industries shares have given a return of 16%.

4. Page Industries Latest Quarterly Results

Page Industries for the quarter ended June 30, 2022 declared a standalone total income of Rs 1,344 crore, up 20% from last quarter total income of 1,116 crore. It has announced a net profit after tax at Rs 207 crore in the latest quarter.

5. About Page Industries Ltd

The company is located in Bangalore and is the exclusive licensee of JOCKEY International Inc. (USA) for manufacture, distribution and marketing of the JOCKEY brand in India apart from other countries like Sri Lanka, Bangladesh, Nepal and the UAE. Page Industries was set up in 1994.

The company is also the exclusive licensee of Speedo International Ltd. for the manufacture, marketing and distribution of the Speedo brand in India. The market capitalization of the stock is Rs 49,488 crore.

Disclaimer

The above stock has fixed record date for interim dividend. Greynium Information Technologies, the Author, and the respective Brokerage House are not liable for any losses caused as a result of decisions based on the article. Goodreturns.in advises users to check with certified experts before taking any investment decision.