Benchmark indices BSE Sensex and NSE Nifty fell in trade on Friday, as Sensex dropped 0.27% or 152 points to trade at 60,654 while Nifty fell 45 points, giving up the 17,850 level. Adani Enterprises, Reliance Industries, Adani Ports, Bajaj Finance, SBI are the most active Nifty 50 stocks intraday.Nifty 50 Gainers and LosersOn the NSE Nifty index, the top winners are Adani Ports, Adani Enterprises...

Shares of Nykaa surged more than 4% to Rs1,455 apiece on the BSE in Thursday's early deals after the company said it has expanded into men’s innerwear and athleisure category with GLOOT.By expanding into the men's innerwear category, Nykaa will now compete with listed player Page Industries, which is involved in manufacturing and retailing innerwear, and has the exclusive licensee of Jockey Inte...

While announcing the third quarter (Q3) earnings, Page Industries announced that its board has declared interim dividend at their meeting held today on Thursday has declared third interim dividend 2021-22 of Rs. 100 per equity share. Shares of Page Industries were trading nearly 3% lower at Rs41,477 apiece on the BSE in afternoon deals.The record date fixed for the payment of interim dividend is 1...

MUMBAI : Page Industries Ltd’s shares trade at expensive valuations. Based on Bloomberg data, the stock’s price-to-earnings multiple stands at around 70 times estimated earnings for FY22. While high valuations may cap significant upsides, the innerwear maker’s strong March quarter results (Q4FY21) may well lend support to the stock in the foreseeable future.Revenues increased by nearly 63% y...