At close, the Sensex was down 765.47 points or 0.95 percent at 79,857.79, and the Nifty was down 232.85 points or 0.95 percent at 24,363.30. About 1494 shares advanced, 2384 shares declined, and 133 shares unchanged.
Motilal Oswal is bullish on Page Industries has recommended buy rating on the stock with a target price of Rs 54000 in its research report dated August 07, 2025.
The market is expected to consolidate further, although the overall trend remains positive. Below are some short-term trading ideas to consider.
Motilal Oswal is bullish on Page Industries has recommended buy rating on the stock with a target price of Rs 57,500 in its research report dated May 15, 2025.
Motilal Oswal is bullish on Page Industries recommended buy rating on the stock with a target price of Rs 57,500 in its research report dated February 05, 2025.
ICICI Securities recommended hold rating on Page Industries with a target price of Rs 44000 in its research report dated February 06, 2025.
Emkay Global Financial recommended reduce rating on Page Industries with a target price of Rs 40,000 in its research report dated February 05, 2025.
Page Industries shared that the Indian apparel retail is currently undergoing 'short-term headwinds' due to muted consumer sentiment.
Athleisure and innerwear segments are set to be 'pivotal growth drivers' for Page Industries, helped by the boom in organized retail and e-commerce.
Motilal Oswal is bullish on Page Industries recommended buy rating on the stock with a target price of Rs 57,500 in its research report dated January 08, 2025.
Anand Rathi recommended hold rating on Page Industries with a target price of Rs 48,947 in its research report dated November 07, 2024.
Motilal Oswal is bullish on Page Industries has recommended buy rating on the stock with a target price of Rs 54000 in its research report dated November 07, 2024.
The Nifty 50 is likely to remain rangebound, though the overall trend remains positive. Below are some trading ideas for the near term.
Q1 is seasonally a strong quarter for Page, and the growth of 4 percent on a soft base leads us to build in a more delayed recovery, said Nuvama.
Revenue from operations rose four percent to Rs 1,278 crore, led mainly by innerwear and athleisure
Motilal Oswal recommended Neutral rating on Page Industries with a target price of Rs 36500 in its research report dated May 23, 2024.
The immediate support for the Nifty 50 is likely to be seen at 22,400, followed by 22,300. In case of a bounce back, the 22,600-22,700 levels are the immediate ones to watch.
'We like Page Industies’ value proposition and marketing muscle, but await signs of improvement before turning positive,' says Emkay
The total revenue of the company is Rs 995.3 crore, rising 3.2 percent from Rs 964.6crore in the year-ago period.