ResultsCNBC-TV18
Citi, HSBC cut Page Industries targets on Q2 concerns
Negative-67
GreyOak summary
While ratings remain 'Buy', concerns persist over execution and a FEMA regulatory disclosure regarding online retail sales. The company faces a potential penalty of up to three times the involved amount, estimated at ₹48 crore, though management expects negligible financial impact.
What it affects
- Page IndustriesPAGEINDNegative -67
Price targets cut on weak Q2 volume growth.Rolling sentiment Negative -75
Source
Read the original at CNBC-TV18More Page Industries news
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