Page Industries surges 6%, hits over two-year high

In anticipation of growing demand post the pandemic, the company said it will continue to invest in increasing its installed capacity

Shares of Page Industries rose 6 per cent in intra-day trade on Monday to hit a two-year high of Rs 33,093 on the BSE amid hopes of an improved demand environment post the Covid-19 pandemic. The stock surpassed its previous high of Rs 32,450 touched on May 27, 2021. Currently, it was trading at its highest level since October 2018. It had hit a record all-time high of Rs 36,336 on August 28, 2018.

Page Industries is engaged in the manufacturing, distribution and marketing of innerwear, athleisure, sleepwear and swimwear for men, women and kids. The company is the exclusive licensee