BSE Code: | NSE Code: | ISIN: | Sector:
Research Report Detail
|Report Date||Call||Price@Call||Target Price
|Current Status||Time Horizon|
|Target Hit|| Long (1Y)
Emkay Recommends 'Hold' On Page Industries
According to Emkay, Page Industries' operating performance was weaker than expected in the quarter ended June 30, as its revenue declined 66 per cent. The company's recovery has been faster than other apparel players but much slower than its smaller innerwear competitors, which its management has attributed to higher salience in top towns that are more affected by the pandemic, the brokerage adds.