Page Ind rallies 20% in less than one month after Jockey extends license

The stock hit a new high of Rs 29,277, up 3%, extending its past four weeks gain on the BSE.

Shares of Page Industries hit a new high of Rs 29,277 per share, rising 3% and extending their gains in the past four weeks on the BSE after the company on June 12, 2018 announced extension of license agreement with Jockey International till December 31, 2040.

Since then, Page Industries has outperformed the market by surging 20% from Rs 24,346, as compared to 1.2% rise in the S&P BSE Sensex.

Page Industries entered into top 100 most valuable companies in terms of market capitalisation (market-cap) after a strong rally in stock.  At 01:24 pm; with Rs 325.60 billion