Buy Page Industries, target price Rs 42500: Prabhudas Lilladher

Page Industries Ltd., incorporated in the year 1994, is a Large Cap company (having a market cap of Rs 43137.50 Crore) operating in Apparels sector.

By ETMarkets.com | Updated: Dec 29, 2023, 11.38 AM IST

Promoters held 45.11 per cent stake in the company as of 30-Sep-2023, while FIIs owned 21.98 per cent, DIIs 22.68 per cent.

Prabhudas Lilladher has buy call on Page Industries with a target price of Rs 42500. The current market price of Page Industries Ltd. is Rs 38829.5.

Page Industries Ltd., incorporated in the year 1994, is a Large Cap company (having a market cap of Rs 43137.50 Crore) operating in Apparels sector.

Page Industries Ltd. key Products/Revenue Segments include Innerwear & Leisurewear, Scrap & Others, Other Operating Revenue and Duty Drawback for the year ending 31-Mar-2022.

Financials
For the quarter ended 30-09-2023, the company reported a Standalone Total Income of Rs 1126.80 Crore, down -9.27 % from last quarter Total Income of Rs 1241.93 Crore and down -10.41 % from last year same quarter Total Income of Rs 1257.69 Crore. Company reported net profit after tax of Rs 150.28 Crore in latest quarter.

Promoter/FII Holdings
Promoters held 45.11 per cent stake in the company as of 30-Sep-2023, while FIIs owned 21.98 per cent, DIIs 22.68 per cent.

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