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Ideas For Profit | Why Page Industries is an attractive stock despite high valuation

At current price, Page Industries’ stock is trading at P/E of 72x its FY23 projected earnings. The valuation is at the higher end of its long term historical averages. However, there is visibility of robust earnings growth over the next three-four years, which will sustain the premium valuations of the company. Here’s why you should add the stock to your portfolio

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