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Motilal Oswal sets Page Industries target at Rs 40,000

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Motilal Oswal reiterated a Buy rating on Page Industries with a target price of Rs 40,000. The broker noted Q2FY27 revenue growth of 11.5% YoY despite margin contraction to 57.2% due to raw material inflation. Management maintains double-digit volume growth guidance for FY27 driven by festive demand.

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