Page Industries hits 9-month low; down 10% in four days

The stock was trading lower for the fourth straight day, down 4 per cent at Rs 22,550 on the BSE, its lowest level since April 4, 2018.

Shares of Page Industries were trading lower for the fourth straight day on Friday. The stock was down 4 per cent at Rs 22,550, hitting nine-month low on the BSE. 

The stock of the Indian franchise and manufacturer of Jockey innerwear was trading at its lowest level since April 4, 2018. It has fallen 10 per cent in the first four trading days in January, as compared to a 1.4 per cent decline in the S&P BSE Sensex.

From its recent high of Rs 30,190 on November 9, the stock underperformed the market by falling 25% after reporting