Download Unicorn Signals App

Powered By EquityPandit
 Signals, Powered By  EquityPandit

Page Industries Shares Hit 52-Week High, Up 16% in 3 Days

Shares of Page Industries Ltd. on Thursday soared 8 per cent to hit a 52-week high of Rs 27,921.80. The stock is up 16 per cent in just three trading sessions including today’s 8 per cent upside move.
At 1:00 pm, the company’s share was trading up 5.50 per cent at Rs 27,366.55, while the benchmark index Sensex was 0.39 per cent up at 46,846.38. 
On December 14, Page Industries said in a statement that its manufacturing Unit-3 located in Bommasandra, Bangalore was audited by Worldwide Responsible Accredited Production (WRAP) as per its standard procedures to be certified as “Worldwide Responsible Apparel Production Principles”. “WRAP has re‐certified the facility to be socially compliant,” the company said.
“We are glad to share that WRAP was fully satisfied with the social standards, practices and compliance at the facility and has issued a re‐certification of the unit. All our manufacturing units are WRAP certified and undergo audit by WRAP on an ongoing basis,” said Vedji Ticku, Executive Director & CEO, Page Industries Ltd.
The Bangaluru-based Indian manufacturer and retailer of innerwear, loungewear and socks is exclusively licensee of Jockey International Inc. in India, Sri Lanka, Nepal, Bangladesh, Bhutan, Oman, Qatar, Maldives and the UAE. The company is also exclusive licensee of Speedo International Ltd. to manufacture and distribute swimwear and swim-related accessories in India under Speedo brand.

Get Daily Prediction & Stocks Tips On Your Mobile