Stock Market

Manas Jaiswal of manasjaiswal.com has a buy call on Page Industries Ltd.

with a target price of Rs 27500.

The current market price of Page Industries Ltd.

is Rs 26482.25.

Time period given by the analyst is Intra Day when Page Industries Ltd.

price can reach the defined target.

Manas Jaiswal recommended to keep stoploss at Rs 26,000.

Page Industries Ltd., incorporated in 1994, is a largecap company with a market cap of Rs 29537.97 crore. Page Industries Ltd.

key Products/Revenue Segments include Innerwear Leisurewear which contributed Rs 2476.92 Crore to Sales Value (97.05 % of Total Sales), Others which contributed Rs 41.74 Crore to Sales Value (1.63 % of Total Sales), Scrap Others which contributed Rs 23.87 Crore to Sales Value (0.93 % of Total Sales), Other Operating Revenue which contributed Rs 9.01 Crore to Sales Value (0.35 % of Total Sales) and Duty Drawback which contributed Rs .49 Crore to Sales Value (0.01 % of Total Sales)for the year ending 31-Mar-2018.

For the quarter ended 30-09-2018, the company has reported a Standalone sales of Rs 690.76 Crore, down -15.27 % from last quarter Sales of Rs 815.26 Crore and up 10.40 % from last year same quarter Sales of Rs 625.71 Crore Company has reported net profit after tax of Rs 92.63 Crore in latest quarter.

The company’s top management includes Mr.B C Prabhakar, Mr.G P Albal, Mr.Nari Genomal, Mr.Pradeep Jaipuria, Mr.Ramesh Genomal, Mr.Sandeep Kumar Maini, Mr.Sanjeev Genomal, Mr.Shahendar Genomal, Mr.Shamir Genomal, Mr.Sunder Genomal, Mr.Timothy Ralph Wheeler, Mr.V S Ganesh, Mr.Varun Berry, Mr.Vedji Ticku, Mr.Vikram Gamanlal Shah, Mrs.Rukmani Menon.

Company has S R Batliboi Associates LLP as its auditoRs As on 30-09-2018, the company has a total of 11,153,874 shares outstanding.





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