Buy Mandhana Industries; target of Rs 370: NVS Wealth

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26 Aug, 2025 12:21

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NVS Wealth's report on Mandhana IndustriesMandhana Industries Ltd (Mandhana), founded by Mr. Purshottam Mandhana, Chairman and under young and dynamic leadership of Mr. Manish Mandhana, has emerged as a multi divisional Textile company in India encompassing the manufacturing of specialty fabrics, garments, branded products under the famous brand „Being Human?, in strategic tie up with leading bollywood star Salman Khan.Mandhana signed an exclusive 18 years deal with Salman Khan Foundation for global license to design, manufacture, retail and distribute clothing under the flagship brand „Being Human?. Infact the topline under the brand has grown at a staggering CAGR of 96% in last 3 years from Rs. 45 Crs to Rs. 172 Crs and promising to be a big blockbuster for the Co.Mandhana, at a CMP of Rs. 270 is trading at a modest PE of 11x and with retail story ready to bloom with a strong growth in topline and the margins, is offering attractive investment opportunity with a price target of Rs. 370 in medium to long term perspective. The branded and retail business should add a strong value for the investors and shareholders, says NVS Wealth Managers research report.For all recommendations, click here Disclaimer: The views and investment tips expressed by investment experts/broking houses/rating agencies on moneycontrol.com are their own, and not that of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.

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