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Brokerages bullish on Page Industries despite Q2 miss

Negative-33Company event

GreyOak summary

Page Industries shares rose slightly after a sharp drop, with brokerages maintaining Buy ratings despite a Q2 earnings miss. Volume growth slowed to 5.5% in Q2 FY27, below the 10% estimate, though guidance for double-digit growth in FY27 remains. HSBC cut its target price to Rs 43,870, while Nomura flagged a potential FEMA penalty of Rs 36-144 crore.

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Read the original at Moneycontrol

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