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Highlights: - Lack of clarity on accounting methodologies and elevated valuations could restrict re-rating in the near-term. - Top-line growth will be driven by network expansion and new products. - Adoption of asset-light manufacturing and retailing should have a positive rub-off on margins. - Competition from foreign brands is a key risk. There is a general theme giving by many financial consultants that buy right sit tight but the market, in general, doesn't like to be fooled. Since last year, we see that the market doesn't care about the name of the company or the group anything bad in corporate governance or any type of clever movements are beaten down heavily. If I speak technically in last 2 years stock has given tremendous returns it came in bull mode around 14000 in 2017 and has made high of 36370. And since September 2018 we are seeing a correction. In the last few days, we came around the news that some accounting policies have been changed and the company