is a prominent Indian apparel manufacturer and retailer, best known as the exclusive licensee of the Jockey and Speedo brands in India and several neighboring countries. Headquartered in Bangalore, Karnataka, the company was established in 1994 by Sunder Genomal and his brothers, who collectively hold a 54% stake in the firm.
Stock Information (as of April 13, 2025)
NSE Ticker: PAGEIND
Current Price: ₹44481
Market Capitalization: ₹476.99 billion
P/E Ratio: Approximately 70.8
Dividend Yield: 1.93%
Technical Views on chart-
MACD Bullish Crossover
The MACD line is above the signal line — a classic bullish indicator.
Price Above 50 & 200 DMA
The stock is trading above both the 50-day and 200-day moving averages, confirming a strong uptrend.
Supertrend Indicator = Buy
The Supertrend is in buy mode (current support at ₹40,311), suggesting momentum is positive.
Volume Spike
A recent 29%+ volume surge hints at institutional participation or increased investor interest.
Higher Lows Formation
Price action is forming higher lows, indicating accumulation and bullish intent.
Positive Fundamental Tailwinds
Strong Q3 results (Net Profit +34% YoY) and consistent earnings growth support the technical outlook.
Upside Targets- 49000 would work as a our 1st resistance, if it breaks 52000 would be our next level...on down side 40000 is a strong support, so it should be our stop loss.
Disclaimer-
As a SEBI registered Research Analyst with NISM certification, I want to emphasize that these credentials do not guarantee success in any trade. Investment in the share market is subject to market risk, and past performance is not indicative of future results. Recommendations are for informational purposes only and should not be considered as buy or sell advice. Please conduct your own research and consult a financial advisor before making any investment decisions. We will not be liable for any losses incurred from using this information.