Recent Price Movement and Market Context
On 17 Dec 2025, Page Industries' share price touched Rs. 36,213.6, the lowest level recorded in the past year. This follows a sequence of four consecutive sessions where the stock has recorded a cumulative return of -2.06%. The trading range during this period has been relatively narrow, with a daily price variation of Rs. 196.35, indicating limited volatility despite the downward trend.
The stock is currently trading below all key moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages. This positioning suggests a sustained period of price pressure compared to its recent historical levels.
In comparison, the broader market has shown mixed signals. The Sensex opened 176.40 points higher but later declined by 188.98 points, closing near 84,667.28, just 0.01% lower on the day. The index remains 1.76% below its 52-week high of 86,159.02 and is trading above its 50-day and 200-day moving averages, indicating a generally bullish trend for the benchmark. Mid-cap stocks have led gains with the BSE Mid Cap index rising by 0.05% on the same day.
Our latest weekly pick is live! This Large Cap from Diamond & Gold Jewellery comes with clear entry and exit targets. See the detailed report with target price now!
- - Clear entry/exit targets
- - Target price revealed
- - Detailed report available
Performance Overview and Valuation Metrics
Over the last twelve months, Page Industries has recorded a total return of -26.18%, contrasting with the Sensex's positive return of 4.93% during the same period. The stock's 52-week high was Rs. 50,470.6, indicating a substantial decline from its peak.
Despite the negative price performance, the company’s profits have shown growth, with a 23.1% rise over the past year. The earnings per share (EPS) for the most recent quarter stood at Rs. 17.52, which is noted as the lowest quarterly EPS in recent periods.
Page Industries exhibits a return on equity (ROE) of 54.2%, reflecting strong profitability relative to shareholder equity. However, the stock's price-to-book value ratio is 29.1, suggesting a valuation premium compared to its peers’ historical averages. The price-to-earnings-to-growth (PEG) ratio is 2.3, indicating the relationship between valuation and earnings growth.
In terms of longer-term performance, the stock has underperformed the BSE500 index over one year, three years, and the last three months, signalling challenges in maintaining market momentum relative to a broader set of companies.
Fundamental Strengths and Sector Position
Page Industries maintains a strong fundamental profile with an average return on equity of 45.83% over the long term. Operating profit has expanded at an annual rate of 30.74%, underscoring consistent growth in core earnings. The company’s average debt-to-equity ratio is low at 0.02 times, indicating minimal leverage and a conservative capital structure.
Institutional investors hold a significant stake of 52.45% in the company, reflecting confidence from entities with extensive analytical resources. Page Industries commands a market capitalisation of approximately Rs. 40,935 crore, making it the largest company within the garments and apparels sector. It represents 25.35% of the sector’s total market value and accounts for 12.11% of the industry’s annual sales, which total Rs. 5,018.54 crore.
Is Page Industries your best bet? SwitchER suggests better alternatives across peers, market caps, and sectors. Discover stocks that could deliver more for your portfolio!
- - Better alternatives suggested
- - Cross-sector comparison
- - Portfolio optimization tool
Sector and Market Dynamics
The garments and apparels sector, in which Page Industries operates, has witnessed varied performance across its constituents. While Page Industries has faced downward pressure, the broader mid-cap segment has shown resilience, with modest gains recorded in the BSE Mid Cap index. The Sensex’s proximity to its 52-week high and its position above key moving averages suggest a generally positive market environment, contrasting with the stock’s recent trajectory.
Page Industries’ premium valuation relative to peers and its sizeable market share within the sector highlight its prominence. However, the recent price movement to a 52-week low reflects a period of adjustment in market assessment, possibly influenced by the company’s flat results reported in September 2025 and the lowest quarterly EPS figure.
Overall, the stock’s current price level at Rs. 36,213.6 represents a notable milestone, marking the lowest point in the past year and underscoring the challenges faced in maintaining previous valuation levels amid evolving market conditions.
Summary
Page Industries’ fall to a 52-week low of Rs. 36,213.6 comes after a series of sessions with negative returns and trading below all major moving averages. While the company continues to demonstrate strong profitability metrics and low leverage, its stock price has reflected a period of subdued performance relative to the broader market and sector indices. The valuation premium and recent flat quarterly results contribute to the current market assessment, positioning the stock at a significant price level within the last twelve months.
Only for Rs. 14,999 - Get Access to 2 Years + 6 Months of All Premium Features on MarketsMojo. As low as ₹500/month! Claim 83% OFF →
