The company making ‘underwear’ did wonders, made people rich in the rising heat!
Sanjeev Kumar April 09, 2026 10:23 PM
The company making 'underwear' did wonders, made people rich in the rising heat!

Page Industries: There are always ups and downs in the stock market. Sometimes there is growth and sometimes there is decline, this is its nature. But in this uncertain environment, there are some companies which maintain the trust of their investors in every situation. Today, when the market is going through a downward trend and the shares of many big companies are continuously falling, then an underwear manufacturing company has attracted everyone's attention.

We are talking about the famous garment company Page Industries. As soon as summer started, there has been a tremendous rise in the shares of this company. In the last one month, this stock has performed such that the investors investing in it have got huge profits. The market may be under pressure, but this company has made investors rich by giving good returns.

Shares become rocket after fall, huge returns in 30 days

If we look at the market data, the movement of Page Industries shares has been no less than a roller coaster. Recently there was a time when the company's shares had fallen to the level of Rs 31,000. There was some concern among investors due to this fall, but the momentum this stock has gained in the last 30 days has surprised everyone. Within just one month, there has been a huge jump of Rs 4,615 i.e. 14.82 percent in the company's per share. This trend of growth did not stop here. If we look at the trading of last one week, the share has made a spectacular jump of Rs 3,005 (9.17 percent). The most interesting thing is that even today when the entire stock market is in the red, the share of this underwear manufacturing company is standing strong and has registered a gain of Rs 435 (1.23 percent).

The company had given dividend in February

Apart from the rise in share price, Page Industries has also pleased its investors on the dividend front. In February, when the company announced its results for the quarter ending December 2025, it also announced a third interim dividend of Rs 125 per share for the financial year 2025-26. This is a big source of regular income for investors. If we look at the record of last 12 months, the company has distributed a huge equity dividend of about Rs 625 per share to its investors.

The secret of this rise was hidden within the quarterly results

Now the question arises that why did the stock first fall to the level of Rs 31,000 and then how did it make such a tremendous recovery? In fact, in the results of the third quarter (December quarter) of the financial year 2026, the company's net profit had declined by 7.4 percent to Rs 189.5 crore, whereas it was Rs 204.6 crore in the same period a year ago. EBITDA margin also declined marginally from 23 percent to 22.9 percent. Due to this slight decline in profits and margins, the market had initially reacted negatively.

However, astute investors saw the other and stronger side of the picture. The company's income during the quarter increased by 5.6 percent to Rs 1386.8 crore, which was Rs 1313 crore in the same quarter last year. Apart from this, the EBITDA of the company also registered a growth of 5 percent and it increased from Rs 302.6 crore to Rs 318 crore. As soon as the market realized the company's strong fundamentals and rising earnings, investors started buying heavily at lower levels.

Disclaimer: This article is for information only and should not be considered as investment advice in any way. TV9 Bharatvarsha advises its readers and viewers to consult their financial advisors before taking any money-related decisions.
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