47% RoE, 4% sales growth: The premium innerwear stock facing a valuation test
- Posted on September 23, 2026
- By Financial Express
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- 1 min read
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47% RoE, 4% sales growth: The premium innerwear stock facing a valuation test
Page Industries, which is the franchisee for the well-known Jockey range of innerwear, has seen its sales and net profit growth slow considerably over the past 3 years, with intense competition from online D2C brands and other well-known international innerwear brands entering the Indian market. The company has expanded its product range to include jacket and hoodies, sweatshirts, t-shirts, pants and shorts. Is it worth adding the stock with a P/E of 53.3 to your watchlist?
