Motilal Oswal is bullish on Page Industries has recommended buy rating on the stock with a target price of Rs 27490 in its research report dated February 23, 2018.
Profit surpassed analyst expectations. A CNBC-TV18 poll saw it at Rs 79 crore for the quarter.
Cholamandalam Securities is bearish on Page Industries has recommended sell rating on the stock with a target price of Rs 15316 in its research report dated November 13, 2017.
Operating profit may increase 17 percent year-on-year to Rs 125 crore, but margin may contract 40 basis points to 19.7 percent in Q2.
Page Industries hit Rs 20,000 levels today. Watch accompanying video of CNBC-TV18's Mangalam Maloo for key highlights of the journey from listing of the company to where it is now.
Page Industries had very good set of results in Q1 led by a jump in revenue while margins remained stable. In an interview to CNBC-TV18, Sunder Genomal, MD, Page Industries shared his reading and outlook on how Q2 is panning out so far.
ICICI Direct recommended hold rating on Page Industries with a target price of Rs 15,115 in its research report dated August 11, 2017.
Prakash Gaba of prakashgaba.com is of the view that crucial support for Nifty is at 9862 and the resistance is at 9968-10000. On the other hand, Bank Nifty has support at 24000 and resistance at 24500.
Analysts expect volume growth at 7-8 percent and realisations at 7-8 percent that may negate the impact of high cotton price.
The momentum might have slowed down but nearly 100 stocks from the S&P BSE 500 index hit fresh record highs in the month of July which most experts say could be your winning bets.
Dolat Capital is bearish on Page Industries has recommended accumulate rating on the stock with a target price of Rs 17,860 in its research report dated July 14, 2017.
Prakash Gaba of prakashgaba.com is of the view that crucial support for the Nifty is placed at 9850 and the resistance is at 9916-9969 while Bank Nifty has support at 23750 and resistance at 24000-24300.
Net Sales are expected to increase by 29.4 percent Q-o-Q (up 12.7 percent Y-o-Y) to Rs 645.4 crore, according to ICICI. Page Industries to report net profit at 76.6 crore up up 12.7% year-on-year.
Prakash Gaba of prakashgaba.com is of the view that NTPC can climb to Rs 170 while Page Industries may hit Rs 17400.
Investors should use every bounce to make short position with keeping stop loss placed at 9,580. However, if Nifty closes above 9,630 then we may see Nifty to continue its overall trend which is on the higher side.
JSW Energy, Asian Paints, Page Industries and Tata Steel are on the radar of Kotak Securities
Ashwani Gujral of ashwanigujral.com recommends selling Balkrishna Industries, Axis Bank and Larsen and Toubro.
Ruchit Jain of Angel Broking recommends buying Manappuram Finance with a target of Rs 104 and Ashok Leyland with a target of Rs 100.
DLF, Bharat Electronics, BEML, Page Industries are on the radar of Kotak Securities
Mitessh Thakkar of miteshthacker.com recommends buying Page Industries and Info Edge.
Research firm highlights the GST rate is 3-4 percent lesser than the current rate, which it will pass on to customers and help it in gaining market share.
ICICI Direct is bearish on Page Industries has recommended sell rating on the stock with a target price of Rs 12500 in its research report dated May 26, 2017.
Sumeet Jain of Destimoney Securities is of the view that one may buy India Cements with a target of Rs 234.
To be fair, Dollar has been quietly working on its image – and sales – after its brand ambassador and Bollywood actor Akshay Kumar crackled the airwaves with the now famous tagline “Fit Hai Boss”.
Mitessh Thakkar of miteshthacker.com suggests selling Aditya Birla Nuvo and Page Industries and advises buying HDFC, SRF and Gayatri Projects.