Prashant Wagh

Page and Lux Industries. Question: Vivek Bhai, Sales and Net Profit of companies like Page Industries and Lux Industries are down. How do you see the future growth of these companies from here on? Answer: Jab sabke phat jayenge toh sab log phir se khareedenge. Kapde ke bane hai, steel ke nahi. Please understand - that with the rise in per capita income, people will definitely buy premium products. They will have more pairs once they buy washing machines. Majority of people wash their clothes in Washing Machines not more than 2-3 times a week. People will wash their clothes once a week when husband and wife both are working. It will indeed create a need to have more pair of undergarments for the week. Almost everyone will have more than 7-8 pairs of undergarments. It's a very practical point that nobody wear the same undergarments after taking in the bath next morning. The sales and net profit of these companies are poised to grow. Still, don't forget to analyse the technical charts before taking any trades. Making money in stock market has nothing to do with theory. We need to have a basic understanding of life. This is how we can make millions and billions. Aap seekhte rahiye Main seekhata rahunga. ........................ Vivek Singhal