Below are Views on Page Industries Ltd By Mr. Amarjeet Maurya - AVP - Mid Caps, Angel Broking Ltd
Page Industries Ltd (PIL) is engaged in the manufacturing distribution and marketing of Innerwear Athleisure Sleepwear and Swimwear for men, women and kids. Recently, PIL’s CEO Mr. Vedji Ticku (CEO) has submitted his resignation letter owing to personal commitments and from peak stock has corrected ~11%. In our view, this event will not Impact company’s financial going ahead. We believe any correction in stock prices provides a buying opportunity to investors. Hence, we are positive on stock.
Above views are of the author and not of the website kindly read disclaimer