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Sunday, November 23, 2008

Stock Views on midcap textiles - Bombay Rayon, Page Industries

Invest Shoppe on BOMBAY RAYON
Bombay Rayon has entered into new European geographies as part of its strategy to de-risk its business model. The recent acquisition of Italian based brand ‘GURU’ should act as an additional growth driver as it plans to open 400 exclusive showroom of GURU across the world. We believe the profitability of company to grow by around CAGR of 50% over next two-three years.

Invest Shoppe on PAGE INDUSTRIES

Increased urbanisation, rapid retail growth and brand consciousness are likely to fuel growth in mid premium to super premium segments of the Indian innerwear industry. A leading player in this segment, Page Industries is likely to be a major beneficiary of this growth. The company has an integrated business model right from material sourcing and inspection to fabric cutting, garmenting, and packaging.

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