Valuestocks4u

 PAGE  INDUSTIES   BUY@46000-44000  LEVEL

Incorporated in 1995, Page Industries Limited is the exclusive licensee of JOCKEY International Inc. for manufacturing, distribution and marketing of the JOCKEY brand in India, Sri Lanka, Bangladesh, Nepal and the UAE. Page Industries is also the exclusive licensee of Speedo International Ltd. for the manufacturing, marketing and distribution of the Speedo brand in India.

FROM THE  LAST  5 YEARS COMPANY SALES  INCREASED FROM 2129 CR TO 4760 CR ALMOST 1.25 X ,  NET PROFIT ALSO INCRESED FROM  232 CR TO 573 CR. COMPANY  IS KEEPING A HEALTHY OPM OF 21% STEADLY.LAST YEAR COMPANY  REDUCED ITS  DEBT FROM 127 CR TO 110 CR.

  PAGEINDUSTRIES TRADING @ PE OF 76.8  , IT WAS  TRADED@176 PE  IN 2021  NOW  THE  AVG PE  IS  IN ATTRACTIVE LEVEL.

                  IAM  SUGGESTING TO  BUY  THIS  SHARE@46000-48000 LEVEL , DUE  TO  FAIR PRICING  AND GROWTH EXPECTATION WILL  BE BETTER IN  FUTURE  FOR  THE PRICE TARGET 75000