Page Industries Faces Trend Reversal Amid Broader Market Decline and Sector Underperformance

Aug 01 2025 12:11 PM IST
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Page Industries saw a decline on August 1, 2025, following a brief period of gains, marking a trend reversal. The stock remains above several moving averages but is below its 20-day average. Despite recent challenges, it has shown substantial growth over the past five years compared to the broader market.
Page Industries, a prominent player in the Garments & Apparels sector, experienced a decline of 3.12% on August 1, 2025. This drop comes after a brief period of gains, marking a trend reversal as the stock fell following three consecutive days of increases. The stock reached an intraday low of Rs 47,220, reflecting a decrease of 3.32% during the trading session.

In terms of performance metrics, Page Industries underperformed the sector by 1.77% today. Despite this setback, the stock remains above its 5-day, 50-day, 100-day, and 200-day moving averages, although it is currently below its 20-day moving average.

In the broader market context, the Sensex opened lower, down by 111.17 points, and is trading at 80,919.76, a decline of 0.33%. Notably, while Page Industries has shown a 12.26% increase over the past year, it has faced challenges in the year-to-date performance, with a slight decline of 0.46%. Over the longer term, the stock has demonstrated significant growth, with a 5-year performance of 138.57% compared to the Sensex's 115.21%.
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