Page Industries Q4 Review: Strong Volume Growth With Robust Margin Expansion — Motilal Oswal Maintains 'Buy'

Inventory optimization through the ARS system, new product launches, capacity expansion, and digitalization initiatives will support growth Page Industries, says Motilal Oswal. Benign input costs and cost efficiencies are likely to lead to a better margin print. The brokerage believes the valuation will remain rich but have comfort in both growth and margin in the near term.