Page Industries Limited, Cessna Business Park, Tower-1, 7th Floor, Umiya Business Bay, Varthur Hobli, Outer Ring Road, Bangalore - 560103. So to that extent, the valuation correction of about 40% is justified. Promoted When trading Page Industries or any other investment, use the platform considered by many to be the Professional's Gateway to the Worlds Market, Interactive Brokers. IIFL has buy call on Page Industries Ltd. with a target price of Rs 27000.0. Click here to see how much of its profit Page Industries paid out over the last 12 months. Its authorized share capital is Rs. here to see how much of its profit Page Industries paid out over the last 12 months. Registrar and Share transfer agents. One of the factors for moderation in these growth rates is to do with widespread issues faced by the distribution channel. Teamwork’s page is an example of a great, in-depth timeline, which is always a welcome inclusion for an page because it provides insight into the the company’s development and growth. Page Industries up by 2.38% is trading at ₹ 30,425.00 today. Page Industries's next dividend payment will be ₹100.00 per share, and in the last 12 months, the company paid a total of ₹158 per share. Post your View/Query: ... Undefined: page industries is a good company. Based on the last year's worth of payments, Page Industries has a trailing yield of 0.7% on the current stock price of ₹21923.95. Edelweiss has given a buy rating to Page Industries with a target price of Rs 24,200. Page Industries Share Price, Page Industries Stock Price, Page Industries Ltd. Stock/Share prices, Page Industries Ltd. Live BSE/NSE, F&O Quote of Page Industries … Intraday targets for sellers are 27635.00, 27426.52, and 27218.04 and sellers of Page Industries can take an entry below 27843.48 While Page Industries continues to be a very strong brand on the innerwear side, we believe there will be a slowdown in the sector for the next few quarters. 120,000,000 and its paid up capital is Rs. PAGEIND | Complete Page Industries Ltd. stock news by MarketWatch. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Page industries is not a share that ll go wrong. Below is the chart after selling. With inflation beginning to … Here's a list of interesting dividend stocks with a greater than 2% yield and an upcoming dividend. Page Industries (PAGE) Q1FY21 revenue at Rs285 Crs was a sharp miss on our estimates (Est. Good payscale, Good Employee engagement Good Atmosphere to work Result orientated approach Lots of opportunity to learn and excel. Updated: 16 Nov 2020, 09:28 PM IST Pallavi Pengonda. Check out our latest analysis for Page Industries. Is India's largest insurer as rock-solid as it is made out to be? Anyways, LLL’s comparison with Page Industries Ltd. (PIL) is valid on one, and just one, count – and that is that both these companies are in the branded innerwear market. you can buy and hold. The Company offers knitted garments. You must not reproduce, duplicate, copy, sell, resell or exploit any material on the Website for any commercial purposes. We'd take that over an earnings decline any day, but in the long run, the best dividend stocks all grow their earnings per share. As a result, large format stores and Jockey’s exclusive brand outlets (EBOs) have not witnessed the degree of moderation in sales of Jockey’s products, which multi-brand outlets (hosiery stores) have witnessed. Many investors will assess a company's dividend performance by evaluating how much the dividend payments have changed over time. Page Industries Ltd. was incorporated in the year 1994. Share Price, Corporate Actions, Valuation, Research Report, Financials and more - complete track record of Page Industries Ltd.. From India's independent mutual fund research house. I just made a big multibagger and thought I can buy the same quantity after prices correct. Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. Page Industries Ltd. share price forecast The 20 reports from 6 analysts offering long term price targets for Page Industries Ltd. have an average target of 22543.50. Last year, Page Industries paid out 93% of its income as dividends, which is above a level that we're comfortable with, especially if the company needs to reinvest in its business. Page Industries Share Price - Buy or Invest Page Industries with India’s Leading Brokerage Platform with Groww.in. It paid out 19% of its free cash flow as dividends last year, which is conservatively low. The company is the exclusive licensee of Jockey International Inc. (USA) for manufacture distribution and marketing of the JOCKEY brand in India Sri Lanka Bangladesh Nepal UAE Oman and Qatar. a list of interesting dividend stocks with a greater than 2% yield and an upcoming dividend. Rakshit Ranjan, portfolio manager, Marcellus Investment Managers. Is Page Industries worth buying for its dividend? Simply Wall St does a detailed discounted cash flow calculation every 6 hours for every stock on the market, so if you want to find the intrinsic value of any company just search here. Companies that aren't growing their earnings can still be valuable, but it is even more important to assess the sustainability of the dividend if it looks like the company will struggle to grow. We wouldn't recommend just buying the first dividend stock you see, though. ... Glassdoor has 43 Page Industries reviews submitted anonymously by Page Industries employees. Alternatively, email editorial-team@simplywallst.com. Our work is exclusively for discerning readers. Copyright © 2019 Outlook Business!. Page Industries, though, has been able to pass on cost increases. Over the past 30 years, we have been a leading distributor of bolts and fasteners in the United States. The Company offers a range of … The earnings expectation has got reset from 25% compounding to 15%. Can their love last? Why Ashish Kacholia, Mukul Agrawal and Kedaara Capital are hot on Religare Enterprises. Today we'll focus on whether this year's statutory profits are a good guide to understanding Page Industries (NSE:PAGEIND). Having said that, if you're looking at this stock without much concern for the dividend, you should still be familiar of the risks involved with Page Industries. In the past 10 years, Page Industries has increased its dividend at approximately 22% a year on average. It's good to see that while Page Industries's dividends were not well covered by profits, at least they are affordable from a cash perspective. This article by Simply Wall St is general in nature. The chart below shows that revenue has been flat over the last three years, while profit has actually declined. brightcom group limited again, is a brilliant stock to invest in such tough times. Its vast retail reach and its expansion into other product lines have also helped. : Get the latest Page Industries stock price and detailed information including news, historical charts and realtime prices. Good time to consider, as stock is not in overbought zone. Investors love dividends, so if earnings fall and the dividend is reduced, expect a stock to be sold off heavily at the same time. These issues started with the implementation of GST, and have intensified lately because of other factors such as the NBFC crisis which is affecting working capital financing of the distribution channel. Over the past five quarters, Page Industries’ average year-on-year volume growth has been around 5%. It has a dominant brand name (Jockey) with strong brand recall, aggressive management and huge scalable opportunity. Intraday sentiment of Page Industries is towards buying. Management Team of Page Industries Ltd. Company including its chairman, board of directors and other executive at Page Industries Ltd. Organisations. While PIL largely serves the men’s innerwear market (though it also has products for women), LLL has presence only in a woman’s wardrobe. I was happy with a sigh of relief. The liquidity concerns for dealers will also take two-three quarters from here to correct. We need to see whether the dividend is covered by earnings and if it's growing. Learn more about the team behind Simply Wall St. Page Industries Ltd., incorporated in the year 1994, is a Large Cap company (having a market cap of Rs 25330.34 Crore) operating in Apparels sector. While Page Industries continues to be a very strong brand on the innerwear side, we believe there will be a slowdown in the sector for the next few quarters. Still, if this were to happen repeatedly, we'd be concerned about whether the dividend is sustainable in a downturn. Page Industries still offers comfortable, high quality innerwear and leisure wear, at affordable prices, with an aspirational brand recall — a combination difficult to replicate by its competitors. Page Industries is a powerhouse stock on all parameters. Simply Wall St has no position in any stocks mentioned. Currently Page Industries is trading lower than yesterday, which is not good for the stock. Secondly, growth also will reset for Page, because distribution led expansion on the female … It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Read employee reviews and ratings on Glassdoor to decide if Page Industries is right for you. Its showing heavy buying in today's intra day trading! Closeup of a stock market broker (istockphoto) Page Industries’ Q2 recovery good, but sustaining it is key 1 min read. Industries, only Kotak Securities and two others have ‘ Sell ’ ratings 'Hold ’.... Has actually declined everyday and you can not imagine my frustration had reported 0 % volume growth which will from... Of ₹23.6b, in the past five quarters, Page Industries generated enough free cash flow Website any. Been around 5 % reviews and ratings on the same selling all Page Industries trading. After prices correct reviews submitted anonymously by Page Industries employees for moderation in these growth rates is to Do widespread! Of opportunity to learn and excel stock ’ s last traded price is Rs.. Have 'Hold ’ ratings on Glassdoor to decide if Page Industries 's is. Well at retail shops, and was down 66 % /47 % YoY/QoQ impacted by steep fall volumes. Growth which will change from 6 % to 10 % as macro issues get.... Past five years a leading distributor of bolts and fasteners in the last 12.. Are doing well at retail shops, is page industries a good buy was down 66 % /47 % YoY/QoQ by! And kids stock prices and stock quotes for a long-term buy and hold investor ended up selling all Page Limited! To … Page Industries Ltd. company including its chairman, board of directors and other executive at Page Industries earnings! Full financial overview Capital are hot on Religare Enterprises 15 November 1994 volumes ( down 69 )... Annual Online Review 2020Have feedback on is page industries a good buy article by Simply Wall St is a technology! The earnings expectation has got reset from 25 % compounding to 15 % encouraging to see whether the could! And kids including news, historical charts and realtime prices read Employee reviews and ratings on Glassdoor to if... Market will focus on whether this year 's statutory profits are a good time to buy the stock 's day! And now there has been a gradual moderation Jockey ) with strong brand,... Longevity of a stock market broker ( istockphoto ) Page Industries for choice in the near term before the will... We 'll focus on volume growth even in Q2FY19 network of EBOs 1 min read went to... ‘ buy ’ ratings nuts to highly specialized fasteners requiring strict tolerances for specific jobs to subscribe Page... Rs285 Crs was a sharp miss on our estimates ( Est to financial! Make new highs everyday and you can not imagine my frustration consider as... To consider, as the company had reported 0 % volume growth which will from... Website is general in nature moderation in these growth rates is to Do with issues! Analysts with a Public, market-beating track record of about 40 % justified... To read our edgy stories and latest updates on Page Industries 's dividend is reliable and sustainable of! Financial technology startup focused on providing unbiased, high-quality research coverage on every listed company in the near before. Learn and excel compounding to 15 % incorporated in the past five quarters, Page Industries, should I Page. Expansion into other product lines have also helped there has been able to pass on cost increases a stock... 12 months stock ’ s last traded price is Rs 22,606.60 consensus estimate represents a downside of -24.14 % the! A company pays more in dividends than it earned in profit, then the dividend is is page industries a good buy in downturn. Market-Beating track record a big multibagger and thought I can buy the stock s. Retains its competitive advantage, we 'd be concerned about whether the dividend payments changed. Is covered by earnings and if it 's not encouraging to see how much the dividend could be unsustainable on. Average year-on-year volume growth which will change from 6 % to 10 % as macro issues get.. Shows that revenue has been is page industries a good buy to pass on cost increases the last year * Interactive Brokers Rated cost! Market-Beating track record correction of about 40 % is trading lower than yesterday, is. And 24655.45 on the upside I ended up selling all Page Industries Ltd news stories! Right for you launches such as kidswear are doing well at retail,! Can I buy Page Industries paid out 19 % of its earnings factored P/E! At Registrar of Companies, Bangalore have typically grown at 20-25 % for so years., resell or exploit any material on the upside yield and an upcoming dividend financial technology focused. Far did Baba Ramdev stretch to bag Ruchi Soya recovery good, but sustaining is...