Although the stock appears expensive at current levels, long term investors should buy this stock on dips as it has multiple levers in place to drive growth ahead
On January 20, 2017 K Kalidas Fashions Private Limited sold 8,88,000 shares of Momai Apparels at Rs 118.13.
Harshad Thakkar, chairman and managing director of Ashapura Intimates Fashion said since 97 percent of the company‘s business is from the ‘Valentine‘ brand, the company will continue to focus on it.
According to Prime Database, as many as 25 companies have collectively mopped up a meagre Rs 1,019 crore through initial public offers (IPOs) during the April-September period of the current fiscal (2014-15).