HomeNewsBusinessStocksBuy Data Patterns (India); target of Rs 900: ICICI Direct
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Buy Data Patterns (India); target of Rs 900: ICICI Direct

ICICI Direct is bullish on Data Patterns (India) has recommended buy rating on the stock with a target price of Rs 900 in its research report dated August 04, 2022.

Broker Research
August 06, 2022 / 10:00 IST
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The research firm ICICI Securities believes earnings of apparel brands and retail companies under their coverage may surprise positively from Q3FY22E as the likely demand recovery may result in better than expected margin performance. Some of the costs savings achieved during pandemic may sustain and coupled with high operating leverage may lead to higher than pre-covid margins from Q3FY22E.  Stocks like Trent, V-Mart and Aditya Birla Fashion and Retail are the preferred picks backed by their strong and consistent track record of execution.
The research firm ICICI Securities believes earnings of apparel brands and retail companies under their coverage may surprise positively from Q3FY22E as the likely demand recovery may result in better than expected margin performance. Some of the costs savings achieved during pandemic may sustain and coupled with high operating leverage may lead to higher than pre-covid margins from Q3FY22E.  Stocks like Trent, V-Mart and Aditya Birla Fashion and Retail are the preferred picks backed by their strong and consistent track record of execution.
Broker Research
first published: Aug 6, 2022 10:00 am

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