Moneycontrol PRO
Outskill Genai
HomeNewsBusinessMarketsBuy Aditya Birla Fashion, target Rs 237: Siddharth Sedani

Buy Aditya Birla Fashion, target Rs 237: Siddharth Sedani

On the strong profit growth, we raise our EBITDA margin estimate of Aditya Birla Fashion by 1 percent to 8.3 percent FY20E, says Siddharth Sedani of Anand Rathi Shares and Stock Brokers.

October 15, 2018 / 09:00 IST
     
     
    26 Aug, 2025 12:21
    Volume
    Todays L/H
    More

    Siddharth Sedani

    India's largest big box fashion retailer, Pantaloons is one of the fastest growing lifestyle apparel retail destinations in India. Driven by the better product mix and store rationalisation, Pantaloons’ 9.6 percent margin was its highest, expanding 330bps YoY.

    On the strong profit growth, we raise our EBITDA margin estimate of Aditya Birla Fashion by 1 percent to 8.3 percent FY20E.

    Disclaimer: The author is Vice President - Equity Advisory, Anand Rathi Shares and Stock Brokers. The views and investment tips expressed by investment experts/broking houses/rating agencies on Moneycontrol are their own, and not that of the website or its management. Moneycontrol advises users to check with certified experts before taking any investment decisions.

    Moneycontrol Contributor
    Moneycontrol Contributor
    first published: Oct 15, 2018 09:00 am

    Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!

    Subscribe to Tech Newsletters

    • On Saturdays

      Find the best of Al News in one place, specially curated for you every weekend.

    • Daily-Weekdays

      Stay on top of the latest tech trends and biggest startup news.

    Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347