Page Industries shares plunge 13% as higher RM costs hit Q2 profitability; can festive demand drive a recovery?
Page Industries moved higher in a quarterly results development for Q2 FY27.
· LiveMint Markets
Page Industries shares fell 13% to their lowest level since April after higher input costs limited profit growth in Q2 FY27. Revenue rose 11.5% to ₹1,439.6 crore, while profit after tax increased 4% to ₹202.5 crore. The company expects festive demand and new products to support growth.
Key facts
- Period
- Q2 FY27
The analysis
Page Industries reported ₹1,439.6 crore and ₹202.5 crore for Q2 FY27, with movement of 4%, 13% and 11.5% attached to those lines. Those are the figures as filed — what moves the price is how they sit against what the market already expected, not their absolute size.
Against that, the stock is -12.9% on the day at ₹31,850.00, and has returned -16.8% over three months. It sits 27% below its 52-week high, which means a good deal of bad news was already in the price. The consumer & retail sector has moved -3.1% over the same period, so Page Industries is running 13.7 points behind its peers.
For Page Industries, the question is how much of this is already reflected in the price and how much re-rates the consumer & retail peer set alongside it.
Why it matters
- Earnings versus expectations is what actually re-rates a stock; the surprise matters more than the absolute number.
Market context
- In focus: Page Industries (PAGEIND), in Consumer & Retail.
- Over three months: Page Industries -16.8% against Consumer & Retail -3.1% (13.7 points behind).
- At least 25% below the 52-week high: Page Industries (27%).
- Trading well above normal today: Page Industries at 9.2 times its 20-day average volume.
| Company | Price | Day | 1M | 3M | From 52-wk high | Volume vs 20-day | Market cap |
|---|---|---|---|---|---|---|---|
| Page IndustriesPAGEIND · Consumer & Retail | ₹31,850.00 | -12.9% | -13.7% | -16.8% | -27.0% | 9.2× | — |
Consumer & Retail
1M +2.3% · 3M -3.1%
Page Industries
Prices as of 12 Nov 2026, 16:10 IST. Sector moves are the average of the stocks we track in each sector.
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