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Aditya Birla Fashion may target Rs 237: Anand Rathi

19 November, 2018 6:13 AM
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Aditya Birla Fashion may target Rs 237: Anand Rathi

Aditya Birla Fashion brings together Madura Fashion and Pantaloons Retail. It is the custodian of several icons, including the top fashion brands of India - Louis Philippe , Van Heusen, Allen Solly, Peter England and other high end brands .India's largest big box fashion retailer, Pantaloons is one of the fastest growing lifestyle apparel retail destinations in India.

On the strong profit growth, we raise our EBITDA margin Estimate by 1 percent to 8.30 percent FY20E.

The company’s revenue grew 8.7 percent YoY, to Rs 1910 crore, in line with our estimate.

Source: moneycontrol.com

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