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HomeSHARE MARKETThis Share Will Touch ₹40,000, Expert Said - Buy It For Huge...

This Share Will Touch ₹40,000, Expert Said – Buy It For Huge Profit, IPO Was ₹395

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Page Industries Ltd (NSE: PAGEIND) Share target price: Shares of innerwear manufacturing company Page Industries reached Rs 34,060.15 during. The intraday high for the shares of the company was Rs 34214.45.

According to market experts, the company’s shares may rise further in the coming days. A brokerage firm, has given Page Industries a rating of ‘buy’ with a price target of Rs 44000.

Its 52-week high price is Rs 43,599, which it touched on May 16 last year. Let us tell you that the IPO of the company was launched in February 2007 at Rs 360- 395 per share. 

At the same time, the 52-week low price of Page Industries is Rs 33,100, which it touched on March 20 this month. Let us tell you that today the market cap of Page Industries became Rs 37,822.84 crore. 

We can tell you it has declared a 100-rupees dividend. Earlier, the company had given dividends in 2023.

Shares Of Page Industries Limited

Page Industries Limited is a component of the S&P BSE 100. The company’s shares fell by 6% in the last month. 

It declined by 13% in the last six months and by 12% so far this year. However, since 2007 till now it has increased by more than 12,396 percent.

What Does The Company Do?

Let us tell you that this company is active in the business of different types of garments including innerwear. Page Industries Limited is a manufacturer, marketer, and distributor of Jockey Products. 

The company also has a business license for the international brand Speedo for swimwear. The business of Page Industries Limited is spread in many countries including Nepal, Bangladesh, and Sri Lanka. 

Let us tell you that in the December quarter, the company’s revenue had increased by 2.4 percent on an annual basis and it had become Rs 1,228.8 crore.

About Page Industries Ltd 

Page Industries Limited, with its headquarters in Bangalore, India, is the exclusive licensee for JOCKEY International, Inc. in the USA.

The JOCKEY trademark is used for the manufacture, distribution, marketing, and licensing in India, Sri Lanka, and the Maldives. This includes Bangladesh, Nepal, and Bhutan.

The company’s flagship JOCKEY brand is the market leader for innerwear and activewear. Page Industries Limited has been a pioneer in the athleisure and innerwear industry.

Speedo has over 1,299 locations in 155 cities. Page Industries has 42 EBOs located in Delhi, Gurgaon, and Noida as well as Mumbai, Bangalore, and Chennai.

Fundamental Analysis of Page Industries Ltd

Market Cap₹ 38,014 Cr.
Current Price₹ 34,060.15
52-wk High₹ 43,599
52-wk Low₹ 33,070
Stock P/E70.5
Book Value₹ 1,372
Dividend0.73 %
ROCE53.8 %
ROE46.4 %
Face Value₹ 10.0
P/B Value24.9
OPM18.4 %
EPS₹ 484
Debt₹ 186 Cr.
Debt to Equity0.12

Page Industries Ltd Share Price Target 2024 To 2030

Year1st Target2nd Target
2024₹ 36,250₹ 37,250
2025₹ 37,500₹ 37,859
2026₹ 37,958₹ 38,200
2027₹ 38,658₹ 38,958
2028₹ 39,200₹ 40,200
2029₹ 40,658₹ 40,897
2030₹ 41,487₹ 41,897
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Page Industries Ltd Shareholding Pattern

Promoters Holding
Dec 202246.12%
Mar 202346.12%
June 202346.12%
Sept 202345.11%
Dec 202345.11%
FII Holding
Dec 202224.66%
Mar 202322.38%
June 202321.99%
Sept 202321.98%
Dec 202321.78%
DII Holding
Dec 202219.00%
Mar 202321.26%
June 202321.41%
Sept 202322.92%
Dec 202323.92%
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Govt. Holding
Dec 20220.61%
Mar 20230.61%
June 20230.61%
Sept 20230.63%
Dec 20230.71%
Public Holding
Dec 20229.60%
Mar 20239.61%
June 20239.88%
Sept 20239.35%
Dec 20238.49%

Page Industries Ltd Share: Last 5 Years’ Financial Condition

To better understand how the market is performing, let’s look at the outlook of this share in the previous years. 

However, investors should be aware of the risks and the market conditions before making any investment decision.

Last 5 Years’ Sales:

2019₹ 2,852 Cr
2020₹ 2,946 Cr
2021₹ 2,833 Cr
2022₹ 3,886 Cr
2023₹ 4,555 Cr
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Last 5 Years’ Net Profit:

2019₹ 394 Cr
2020₹ 343 Cr
2021₹ 341 Cr
2022₹ 537 Cr
2023₹ 539 Cr

Last 5 Years’ Debt-To-Equity Ratio:

20190.09
20200.03
20210
20220
20230.18

Last 10 Years’ Profit Growth:

10 Years:18%
5 Years:11%
3 Years:19%
Current Year:-21%

Last 10 years’ Return on Equity (ROE):

10 Years:48%
5 Years:47%
3 Years:47%
Last Year:46%

Sales Growth Over 10 Years:

10 Years:19%
5 Years:13%
3 Years:18%
Current Year:-7%

Conclusion

This article is a complete guide about Page Industries Ltd Share. This information and forecasts are based on our research, company fundamentals, history, experiences, and technical analyses. 

Also, We have discussed the share’s prospects and growth potential in detail.

This information will help you in your further investment. 

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If you have any further queries, please comment below. We will be happy to answer all your questions. 

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