Web page Industries Share Value: Share worth of Web page Industries rises as Nifty strengthens

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Shares of Web page Industries Ltd. gained 1.22 per cent to Rs 40037.9 in Thursday’s commerce as of 11:37AM (IST). The inventory hit a excessive worth of Rs 40100.0 and low of Rs 39264.95 through the session.

The return on fairness (ROE) for the inventory stood at 35.64 per cent. Traded quantity on the counter stood at 11:37AM shares and turnover at Rs 0.67 crore round that point. The inventory of Web page Industries Ltd. quoted a 52-week excessive worth of Rs 42850.0 and 52-week low costs of Rs 33100.0, respectively.

The inventory’s Beta worth, which measures its volatility in relation to the broader market, stood at 0.87.

Promotor/FII Holding

Promoters held 0.0 per cent stake within the firm as of 31-Mar-2024, whereas FIIs held 20.86 per cent and home institutional buyers had 19.27 per cent.

Key Financials

The corporate reported consolidated gross sales of Rs 1006.21 crore for the quarter ended 31-Mar-2024, down 18.48 per cent from earlier quarter’s Rs 1234.31 crore and down 3.07 per cent from the year-ago quarter’s Rs 976.21 crore. Internet revenue after tax for the most recent quarter stood at Rs 108.2 crore, up 38.1 per cent from the identical quarter a 12 months in the past. Technicals
The MACD signalled a bullish bias on the counter. The MACD is thought for signalling pattern reversals in traded securities or indices.
It’s the distinction between the 26-day and 12-day exponential shifting averages. A nine-day exponential shifting common, known as the sign line, is plotted on topof the MACD to mirror “purchase” or “promote” alternatives. When the MACD crosses under the sign line, it offers a bearish sign, indicating that the value of the safety might even see a downward motion and vice versa.

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