Page Industries – 90 PE is not expensive – Cartica Capital (Part 2)

In our last post we mentioned how Cartica Capital finds Page Ind. is reasonably valued at 90 PE

The interview was aired on 28th June 2018

Looking at the Shareholding pattern of Page Industries we came across that holding of Cartica Capital has come down from 8,62,721 shares to 6,84,058 shares  between March to June 2018. Price range of Page Ind. during same time was 21800 to 27800

Shareholding of Cartica in Page Ind. over last 3 years

Quarter No. of shares
June 2018 6,84,058
March 2018 8,62,721
September 2016 8,64,565
June 2016 8,69,465
September 2015 8,63,650

Price Chart of Page Ind

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