Managing Director, on Koutons Retail said, “Koutons Retail, has delivered amazing results and their stock may touch Rs 1,100 when their FY09 results are declared. The kind of quarterly numbers, which came in, were identical to the numbers the company had delivered in FY07. Besides this, the business model of the company is very good."
The company had just 75 stores in FY05, today the company has 1,175 stores and they are talking having 1,800 stores by next year. So it is a good retail story and they score higher as compared to their nearest competitors Vishal Retail or because their business model is a franchisee driven business model where the growth of its stores can be done faster instead of putting up their own funds.
Besides this, the company has recently forayed into ladies garments and kids garments. The margin growth may rise further. This company will grow at the rate of 50% in next two-years. The retail floating stock, in this company stock is hardly 3%. So there isn't any downfall seen coming in the stock price in the future and when the company delivers their FY09 results the stock may touch around Rs 1,000 levels.
Disclosure:
We have recommended Arshiya International to our clients
Offline
Watch Video
Ashish Maheshwari, Managing Director, India Capital Markets on Koutons Retail said, “Koutons Retail, has delivered amazing results and their stock may touch Rs 1,100 when their FY09 results are declared. The kind of quarterly numbers, which came in, were identical to the numbers the company had delivered in FY07. Besides this, the business model of the company is very good." 
-1.00 -0.14%
0.40 0.05%
