Mumbai (Maharashtra) [India], July 29: Tasva, the Indian menswear brand by Aditya Birla Fashion and Retail Ltd., in collaboration with celebrated designer Tarun Tahiliani, was honored to design the ceremonial wear for Team India for the Paris 2024 Olympics’ opening ceremony. This prestigious collaboration for Tasva, as the ‘Official Ceremonial Dress Partner’ for Team India at the Paris Olympics, marks a significant milestone in Tasva’s journey as it represents the spirit, culture, and elegance of India on the global stage.

Tasva’s Ceremonial Wear Shines at the Paris Olympics’ 2024 Opening Ceremony

Aditya Birla Fashion and Retail (ABFRL) announced that it has raised its stake in Goodview Fashion (GFPL) to 51% from 33.5% for a cash consideration of Rs 127.42 crore.

ABFRL acquires additional stake in Goodview Fashion

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Stock Alert: Tata Consultancy Services, Anand Rathi Wealth, Mahindra & Mahindra, Aditya Birla Fashion and Retail

RBI approves Mirae Asset Mutual Fund to acquire Utkarsh Small Finance Bank shares; Aditya Birla Fashion raises stake in GFPL.

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Brigade Enterprises, RITES, TTK Prestige, Medplus Health, ITI and Ingersoll-Rand India will also announce their quarterly results today.

Q4 Results Today: IRCTC, Aditya Birla Fashion, GIC Among 440+ Companies To Report Earnings

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Emkay Global Financial recommended reduce rating on Aditya Birla Fashion and Retail with a target price of Rs 230 in its research report dated April 23, 2024.

Reduce Aditya Birla Fashion and Retail; target of Rs 230: Emkay Global Financial

Re-rating hinges on margin and balance sheet improvement

Aditya Birla Fashion - Demerger To Separate The Cash Generating, Cash Guzzling Businesses: Systematix

Stocks To Watch: Reliance Industries, NTPC, Aditya Birla Fashion And Retail

After the completion of the demerger, all the shareholders will receive identical shareholding in the newly formed entity.

Aditya Birla Fashion Board Approves Demerger Of Madura Fashion And Lifestyle

Aditya Birla Fashion hit a 15% upper circuit after announcing demerger with Madura Fashion & Lifestyle business.

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Aditya Birla Fashion In Focus | Ask Profit | NDTV Profit

Hasn't fared well - amongst the low performers

Performance

Seems to be overvalued vs the market average

Valuation

Lagging behind the market in financials growth

Growth

Average profitability - not good, not bad

Profitability

The stock is underpriced and is not in the overbought zone

Current price is less than the intrinsic value

Fundamentals

Good time to consider, stock is not in the overbought zone

Technicals

Entry point

Promoter pledged holding

Unsolicited messages

Default probability

Red flags

Aditya Birla Fashion and Retail Limited is a fashion and lifestyle company engaged in the retail sale of branded  clothing, footwear and leather articles in stores. 