Page Industries Limited is engaged in the business of manufacturing and trading of garments. The Company offers knitted garments.
Current price is more than the intrinsic value
Stock has been generating better return on equity than bank FD
Stock doesn't offer attractive dividend returns
Low probability of default in next 12 months
PE Ratio 136.53
In last 3 months,...
Page Industries had declined sharply since April until August where the stock managed to enter into a consolidation and in the interim created a nice rounding pattern that eventually lead it to a breakout above its value resistance zone around 21000. These zones also happen to be a gap area that has managed to halt the prices after its strong breakout seen in end...
