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Sweatpants may help last bull market poster boy Page Industries catch up with past glory


Sweatpants may help last bull market poster boy Page Industries catch up with past glory
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Athletic wear, which was earlier limited to niche customers like gym users, has now become the go-to option for individuals locked up at homes due to Covid-19 and remote working.
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Page Industries depends on selling Jockey’s men innerwear for more than a decade to drive growth.
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MUMBAI: For the 29-year-old Kaveri Chatterjee (name changed), the space occupied by track suits and sweat pants in the wardrobe of her New Delhi apartment has grown substantially since the lockdown that India had announced in late March to contain the Covid-19 pandemic. ....

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Page Industries gains 4% on new CEO appointment - The Hindu BusinessLine


Page Industries gains 4% on new CEO appointment
February 23, 2021
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The shares of Page Industries gained 4 per cent on Tuesday after the company announced that it has appointed VS Ganesh as Executive Director and Chief Executive Officer.
At 12:07 pm, Page Industries was trading at ₹28,705.65, up ₹1,146.20 or 4.16 per cent. It hit an intraday high of ₹28,831.35 and an intraday low of ₹27,687.00. It opened at ₹27,700.00 as against the previous close of ₹27,559.45.
On the NSE, it was trading at ₹28,677.75, up ₹1,165.30 or 4.24 per cent.
The company on Monday, in a regulatory filing, said that based on the recommendation of the Nomination and Remuneration Committee, the Board of Directors, at its meeting held on February 22, 2021, had unanimously approved the appointment of Mr V S Ganesh as Executive Director & CEO of the company for a period of 5 years effective June 1, 2021. ....

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