Sunday, January 15, 2017

Page Industries : 3900% appreciation in 10 years.

Page Industries Limited located in Bangalore, India is the exclusive licensee of JOCKEY International Inc. for manufacture, distribution and marketing of the JOCKEY® brand in India, Sri Lanka, Bangladesh, Nepal and the UAE. Page Industries is also the exclusive licensee of Speedo International Ltd. for the manufacture, marketing and distribution of the Speedo brand in India.

The company came IPO in 2007 at a price of Rs 360.  In less than ten years the stock has appreciated more than 3900%.  The Rs 10 FV stock is now trading above Rs 14,000. The IPO was lead managed by IL&FS Investsmart Ltd. Apart from capital appreciation the company has been paying hand some dividends every year.

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