S Kumars will move up: DD Sharma

S Kumars will move up, says DD Sharma, Senior Vice President Research, Anand Rathi.

Sharma told CNBC-TV18, "S Kumars is a value play. It is one of the leading brand oriented and retail focused textile company. It has strong brands like Reid & Taylor endorsed by Amitabh Bachchan, Belmonte endorsed by Shah Rukh Khan and word sport endorsed by Sachin, and all these brands are doing very well. We think performance of S Kumars will continue to be robust and therefore we expect this stock also to move up."

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