India, May 22 -- This Mid-Cap Stock, engaged in manufacturing, distribution, and retailing of innerwear, athleisure, sleepwear, and apparel products under leading international lifestyle and fashion brands in India, is in focus after Macquarie gave an Underperform target of Rs. 31,000, which has a downside potential of 23.41 percent.

With a market capitalization of Rs. 43,477.80 crores, the share of Page Industries Limited has reached an intraday high of Rs. 40,474.85 per equity share, rising nearly 5.40 percent from its previous day's close price of Rs. 38,402.60. Since then, the stock has retreated and is currently trading at Rs. 38,987.50 per equity share.

What is the News? Macquarie, a prominent brokerage firm, has recommended a "U...