Page Industries Faces Consecutive Losses Amid Broader Lifestyle Sector Decline

Jan 27 2025 01:05 PM IST
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Page Industries Ltd. has faced a decline amid a broader downturn in the lifestyle sector. The stock has experienced consecutive losses over two days and reached an intraday low. While it remains above certain moving averages, its short-term performance appears mixed compared to the broader market and sector trends.
Page Industries Ltd., a prominent player in the lifestyle sector, has experienced a decline of 3.25% on January 27, 2025. This drop comes amid a broader trend in the lifestyle industry, which has seen a decrease of 4.15%. Over the past two days, Page Industries has faced consecutive losses, totaling a decline of 3.63% during this period.

The stock reached an intraday low of Rs 45,000, reflecting a decrease of 2.86% at its lowest point today. In terms of moving averages, the stock is currently positioned above the 100-day and 200-day moving averages, yet it remains below the 5-day, 20-day, and 50-day moving averages, indicating mixed short-term performance.

In comparison to the broader market, Page Industries has outperformed its sector by 1.11% today, although it has underperformed relative to the Sensex, which recorded a decline of 0.93%. Over the past month, Page Industries has seen a decrease of 4.61%, slightly more than the Sensex's decline of 4.09%.
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