Anand Rathi is bullish on Lux Industries has recommended buy rating on the stock with a target price of Rs 2574 in its research report dated March 16, 2021.

Leisurewear Q1 review: Which stocks should you bet on for the long term?

An oligopolistic nature of the market, higher consumer discretionary spending, wider reach of organised retailers and increased awareness towards health/hygiene should benefit leisurewear companies in the long run.

Can merger of group companies unlock value for Lux Industries' shareholders?

Besides bolstering Lux’s consolidated revenues, the reorganisation will curtail overhead costs and lead to margin expansion.

Lux Industries: Premium products, brand visibility crucial to success

A robust portfolio of brands, consistent earnings performance, minimal capex requirements and market expansion initiatives should help the company boost its growth.