 "Page Industries extends fall on disappointing Q2 results")
Shares of Page Industries have slipped 7% to Rs 25,867 per share on Thursday, extending their 4% decline on Wednesday on the BSE in an otherwise firm market after the company reported a disappointing set of numbers for the quarter ended September (Q2FY19).
With past two day’s decline, Page Industries fallen 29% from its all-time high level of Rs 36,336 touched on August 28, 2018, against a 10% decline in the S&P BSE Sensex.
The Indian franchise and manufacturer of Jockey innerwear reported a lower-than-expected net profit and revenues of Rs 926 million and Rs 6,908 million, respectively.
With past two day’s decline, Page Industries fallen 29% from its all-time high level of Rs 36,336 touched on August 28, 2018, against a 10% decline in the S&P BSE Sensex.
The Indian franchise and manufacturer of Jockey innerwear reported a lower-than-expected net profit and revenues of Rs 926 million and Rs 6,908 million, respectively.
