Buy Page Industries Ltd For Target Rs. 57,500 by Motilal Oswal Financial Services Ltd

* We expect ~12% YoY revenue growth, led by volume growth of 9% and the remainder driven by a change in the mix. No price hikes are expected in 1Q.
* Gross margin is expected to expand 290bp YoY to 57%, supported by stable input prices. EBITDA margin is likely to expand 150bp YoY to 20.5%.
* Weak urban consumption remains a headwind, but normalized trade inventory can enable better primary growth.
* Primary and secondary sales are now expected to be aligned, reversing the trend observed in the last few quarters.
For More Research Reports : Click Here
For More Motilal Oswal Securities Ltd Disclaimer
http://www.motilaloswal.com/MOSLdisclaimer/disclaimer.html
SEBI Registration number is INH000000412









