How JOCKEY's STRATEGY made it a MULTIBAGGER with 14,000% returns Page Industries Case Study.
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About this listen
We all know Jockey as an integral part of our lives but surprisingly, very few people know that Page industries, the licensee of the Jockey brand has proved to be a stock market goldmine for Indian investors!! and if you look at the ticker tape numbers, in the past 14 years, the Page industry has delivered a return of 14,000% to its investors! and if you draw a comparison with its competitors,While Rupa generated revenue of 1319 cr Lux stood at 1964cr whereas Page was way ahead with revenue of 2852cr!and in terms of net income, while Rupa generated a net income of 175cr. Lux was at 271cr because of Jockey Page was miles ahead with a revenue of 340crSo the question is how did Page Industry turn jockey into such a powerful player in the market??5