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Page Industries Hits 10% Lower Circuit As Q2 Results Disappoint. Here's Why Investors Are Selling

Page Industries shares plunged 10% to hit the lower circuit on Thursday after its Q2 results disappointed investors. The sharp sell-off reflected concerns over the company's earnings performance.

Page Industries Hits 10% Lower Circuit As Q2 Results Disappoint. Here's Why Investors Are Selling
The sudden decline erased a significant portion of its recent market value.
Page Industries
  • Page Industries shares fell 10% to Rs 32,915, hitting the lower circuit
  • The stock faced sharp sell-off in final minutes after steady trading earlier
  • Previous session's close was Rs 36,570, showing a significant drop today

Page Industries shares plunged 10% to Rs 32,915 on Thursday, hitting the lower circuit. The stock witnessed a sharp sell-off in the final minutes of trading after remaining relatively stable through most of the session. It had closed at Rs 36,570 in the previous session.

The stock's intraday high stood at Rs 37,185, while its low matched the lower circuit level. The sudden decline erased a significant portion of its recent market value, taking its market capitalisation to approximately Rs 36,710 crore.

(This is a developing story)

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