UBS sets INR 44,000 target for Page Industries stock

Published on 10/19/2026 at 02:09 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Page Industries stock closed at INR 36,145 on October 16, 2026, 17.58 percent below its 52-week high. Q1 revenue rose 7.90 percent year over year.

Growth and valuation markers

UBS set an INR 44,000 price target for Page Industries on October 5, 2026.
Revenue reached INR 14.204 billion in the first quarter of fiscal 2027, up 7.90 percent year over year.
Page Industries had a market capitalization of INR 403.2 billion as of October 16, 2026.

Page Ind, INE761H01022, Illustration mit AI erstellt.

Page Industries (INE761H01022) received a fresh INR 44,000 price target from UBS on October 5, 2026, according to Investing.com. The target is the latest identifiable analyst action for the Jockey India licensee and places the discussion on future volume growth against current margin pressure.

What does INR 44,000 imply?

Page Industries closed at INR 36,145 on the NSE on October 16, 2026. The UBS target therefore stood 21.73 percent above that close, while the stock remained 17.58 percent below its 52-week high of INR 43,855.

The operating picture is mixed. In the first quarter of fiscal 2027, revenue reached INR 14.204 billion, up 7.90 percent year over year, while the EBITDA margin declined 1.90 percentage points year over year to 20.30 percent, according to StockFin.

Three dated operating markers

On May 21, 2026, Page Industries reported fourth-quarter fiscal 2026 revenue of INR 12.526 billion, up 14.00 percent year over year, in a report summarized by DSIJ. On August 13, 2026, the company reported first-quarter fiscal 2027 results and declared an interim dividend of INR 200 per share, according to NSE India. On October 5, 2026, UBS set the INR 44,000 target.

Margins set the next test

Management retained fiscal 2027 EBITDA margin guidance of 19.00 percent to 21.00 percent, below the 22.00 percent level cited for fiscal 2026 in the DSIJ report. That gap makes execution on pricing, product launches and volume expansion central to the valuation case.

Page Industries is listed on the NSE and BSE and manufactures, distributes and markets branded apparel in India and selected neighboring markets, according to the company's official site. Its latest quarterly figures show revenue growth, but the margin comparison explains why the analyst target depends on operational improvement rather than sales growth alone.

Stock valuation and trading context

Page Industries had a market capitalization of INR 403.2 billion as of October 16, 2026. The NSE-listed stock's 52-week range was INR 29,805.00 to INR 43,855.00, leaving the closing price below the upper end of that interval.