Current price is more than the intrinsic value

Intrinsic Value

Stock has been generating better return on equity than bank FD

ROE vs FD rates

Stock doesn't offer attractive dividend returns

Dividend Returns

Good time to consider, as stock is not in overbought zone

Entry Point

Stock not in ASM/GSM lists and not a lot of promoter holding is pledged

No Red Flags

The last quarter of FY22 saw Trent and Go Fashion double their inventory levels, while Page Industries, V-Mart, Relaxo and Aditya Birla Fashion and Retail increased their stocks by 60-70%, data from earnings presentations showed. TCNS’s investment in inventory rose by 30% while Vedant Fashions spent…

Big Retailers stock up in the hope of a surge in demand

On the technical charts, the 200-day moving average of the stock stood at Rs 40438.37.

Shares of Page Industries fall as Nifty drops

Nifty scaled past the 15600 mark to end in the green while Sensex gained over 900 points in trade today. Broader markets shed yesterday's drubbing to scale up 3% with a broad-based recovery across all sectors. All 50 Nifty stocks ended in the green with Media, Metals, FMCG, IT, and Autos leading the way. Titan spiked 6% while metal stocks like Hindalco, Vedanta, and Tata Steel also managed to regain some lost sheen with up moves of 4-8%. Adani Total Gas, IndiaMart, MCX, BSE, RBL Bank, and SBI Cards were the other key outperformed while Shoppers Stop, CAMS, and Page Industries declined to end in red today.
Subscribe To ET Now For Latest Updates On Stocks, Business, Trading | ► https://goo.gl/SEjvK3

Subscribe Now To Our Network Channels :-
Times Now  : http://goo.gl/U9ibPb
The NewsHour Debate : http://goo.gl/LfNgFF

To Stay Updated Download the Times Now App :-
Android Google Play :  https://goo.gl/zJhWjC
Apple App Store :  https://goo.gl/d7QBQZ

Social Media Links :-
Twitter - http://goo.gl/hA0vDt
Facebook - http://goo.gl/5Lr4mC
G+ - http://goo.gl/hYxrmj
Website - www.etnownews.com

Nifty Scaled Past The 15600 Mark To End In The Green, Sensex Gained Over 900 Points In Trade Today

The CFO of Page Industries said, “We aim to double our aspirational target of reaching a billion mark in four years or before.”

Why Page Industries Isn’t Worried About Rising Prices Hurting Demand

Page Industries’ CFO Shares Growth Outlook For FY23: Talking Point Talking Point | Page Industries posted a strong margin performance and outlook for the medium and long term.CFO Chandrasekar K shares why the company is confident of delivery in an uncertain consumption outlook.

Page Industries’ CFO Shares Growth Outlook For FY23: Talking Point

Page Industries posted a strong margin performance and outlook for the medium and long term.
CFO Chandrasekar K shares why the company is confident of delivery in an uncertain consumption outlook. #bqlive 

Read: https://bit.ly/3MuOKad
--------------------------------------------------------------------------------------------------------------------
For more videos subscribe to our channel: http://bit.ly/32JXa74
Visit BQ Prime for more news: https://www.bqprime.com/
Don't enter the stock market unaware. Read all Research Reports here: https://www.bqprime.com/research-reports

For the latest business news and analysis
Subscribe to our Newsletters here: https://www.bqprime.com/my-bq/newsletter
Subscribe to our Telegram channel: https://t.me/BQPrime

Follow BQ Prime here
Twitter: https://twitter.com/bqprime
Facebook: https://www.facebook.com/BQPrime/
LinkedIn: https://www.linkedin.com/company/13184554/
Instagram: https://www.instagram.com/bqprime/

Page Industries' CFO Shares Growth Outlook For FY23: Talking Point

‘We have been adding almost 15,000-20,000 stores in any given year’, said Chandrasekar K

Will have to consider price hikes in FY23 as well: Page Industries CFO

Page Industries’ Board of Directors announced a 4th interim dividend of Rs. 70/- per equity share at its meeting held on May 26, 2022. The record date for interim dividend payment is June 3, 2022, and the stock will trade ex-dividend on June 2, 2022.

This large cap textile stock fixes record date for interim dividend of ₹70

Despite Omicron-led disruption, Page Industries saw robust volume growth in Q4FY22.Revenue growth was aided by a price hike of 8% in the December quarter of FY22

Page’s pricey shares need growth to shine

Garments manufacturer Page Industries stock gained 8 per cent in early trade today after the firm logged a 65 per cent rise in Q4 profit. Shares of Page Industries rose 8.43 per cent to Rs 45,175 against the previous close of Rs 41,665 on BSE. The stock opened with a gain of 3.28 per cent at Rs 43,0…

Page Industries Q4 earnings: Stock zooms 8% as brokerages give a thumbs up

Sensex rises 608 points to 54,860 and Nifty gains 178 points to 16,348 in the afternoon session.

Share Market Live: Sensex rises 600 pts, Nifty hits 16,350; Page Industries stock up 8%

Page Industries Limited is engaged in the business of manufacturing and trading of garments. The Company offers knitted garments.

Page Industries Ltd

Page Industries Ltd

Intrinsic Value
Intrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

ROE vs FD rates
Fixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD

Dividend Returns
A dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry Point
High demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock

News & Opinions

Big Retailers stock up in the hope of a surge in demand

Shares of Page Industries fall as Nifty drops

News Video

Nifty Scaled Past The 15600 Mark To End In The Green, Sensex Gained Over 900 Points In Trade Today

Why Page Industries Isn’t Worried About Rising Prices Hurting Demand

Page Industries’ CFO Shares Growth Outlook For FY23: Talking Point

News Video

Page Industries' CFO Shares Growth Outlook For FY23: Talking Point

Will have to consider price hikes in FY23 as well: Page Industries CFO

This large cap textile stock fixes record date for interim dividend of ₹70

Page’s pricey shares need growth to shine

Page Industries Ltd

Intrinsic ValueIntrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

ROE vs FD ratesFixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD

Dividend ReturnsA dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry PointHigh demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock

News & Opinions

Big Retailers stock up in the hope of a surge in demand

Shares of Page Industries fall as Nifty drops

News Video

Nifty Scaled Past The 15600 Mark To End In The Green, Sensex Gained Over 900 Points In Trade Today

Why Page Industries Isn’t Worried About Rising Prices Hurting Demand

Page Industries’ CFO Shares Growth Outlook For FY23: Talking Point

News Video

Page Industries' CFO Shares Growth Outlook For FY23: Talking Point

Will have to consider price hikes in FY23 as well: Page Industries CFO

This large cap textile stock fixes record date for interim dividend of ₹70

Page’s pricey shares need growth to shine

Intrinsic Value
Intrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

ROE vs FD rates
Fixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD

Dividend Returns
A dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry Point
High demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock