Page Industries makes a comeback but there’s a long way to go

Page Industries makes a comeback but there's a long way to go

Page Industries Ltd stock is just 3% away from its 52-week high of ₹42,922 seen at the beginning of this month. The shares are trading at about 58 times FY26 estimated earnings, based on Bloomberg data. Valuations appear steep amid expectations of slow recovery in revenue growth.  Page’s management hopes that the second half of … Read more

Keep expectations low from Page Industries

Keep expectations low from Page Industries

Patience is a virtue, but that may not be the case if you are an investor in Page Industries Ltd’s stock. This is because the wait for an earnings turnaround is getting longer. Weak demand, heightened competition and an inferior product mix is feared to keep its realizations muted in the March quarter (Q4FY24) as … Read more