Friday, November 28, 2025 | 10:47 PM ISTहिंदी में पढें
Business Standard
Notification Icon
userprofile IconSearch

Volume pick-up key to more gains for innerwear major Page Industries

Demand has, however, picked up towards the end of the quarter and continued in the post festive period as well

page industries, jockey, speedo
premium

Systematix Research has a hold rating and believes that rising competition in the innerwear and athleisure categories remains a key concern for Page Industries. | Image: Company website

Ram Prasad Sahu Mumbai
The stock of innerwear major Page Industries hit its lowest level in the last year and half. From its 52-week high on June 27 this year at ₹50,471, it has shed about 32 per cent. It is currently trading at ₹38,356.
 
In addition to a muted September quarter performance (Q2FY26), brokerages have cut earnings estimates citing muted demand, delayed volume recovery and slower expansion. At the current price, the stock is trading at 49 times its FY27 earnings estimates.
 
A subdued demand environment hit its volume performance over the last couple of quarters. The company’s Q2 revenues was up 3.6