Motilal Oswal recommended Neutral rating on Aditya Birla Fashion and Retail with a target price of Rs 205 in its research report dated May 22, 2023.

Neutral Aditya Birla Fashion and Retail; target of Rs 205: Motilal Oswal

Analysts say the need to stabilise current businesses, built on the back of acquisitions, overrides all other priorities for the firm.

Cautious optimism dictates Aditya Birla Fashion’s strategy for FY24 | The Financial Express

Aditya Birla Fashion and Retail (ABFRL), Trent, Shoppers Stop, Titan and Avenue Supermarts saw strong revenue growth in the quarter

Retailers see top line growth on low base in January-March quarter

Sharekhan is bullish on Aditya Birla Fashion and Retail has recommended buy rating on the stock with a target price of Rs 225 in its research report dated May 22, 2023.

Buy Aditya Birla Fashion and Retail; target of Rs 225: Sharekhan

Results Review for BPCL, Gail, Vinati Organics, Aditya Birla Fashion and Retail

Aditya Birla Fashion and Retail, incorporated in the year 2007, is a Large Cap company (having a market cap of Rs 17675.97 Crore) operating in Retail sector.

Motilal Oswal Financial Services neutral on Aditya Birla Fashion and Retail, target price: Rs 205

ABFRL posted revenue from operations at Rs 2,879.73 crore, up 26.1 per cent from Rs 2,282.83 crore in the same quarter last year.

Aditya Birla Fashion posts Q4FY23 loss at Rs 186.94 crore due to sluggish sales, revenue up 26.1% | The Financial Express

Aditya Birla Fashion & Retail Q4 Results: The company’s consolidated revenue from operation rose by 26.14 per cent to Rs 2,880 crore for the March quarter as compared to Rs 2,283 crore in the year-ago period

Aditya Birla Fashion & Retail reports net loss of Rs 187 crore in Q4

Stocks to watch before going into trade today.

Stocks To Watch: NTPC, Zomato, Delhivery, JSW Steel, Glenmark Pharma, Aditya Birla Fashion And Retail

As many as 26 stocks hit their 52-week lows today. BSE 500 stocks such as Aditya Birla Fashion and Retail, Ipca Labs, PVR Inox and VMart hit their respective one-year low levels. That said, 115 stocks touched their one-year high levels today.

Sensex dives over 500 points: Rs 1.4L cr investor wealth lost; LIC Housing, Oberoi Realty, PVR & Adani Total down up to 7%

Ethnic wear is the largest apparel category in India at 30% (Rs 1.84 trillion) of the Rs 6.15-trillion domestic apparel market, according to Aditya Birla Fashion’s MD Ashish Dikshit.

Retailers ramp up ethnic wear bet to cash in on Rs 1.84- trillion pie | The Financial Express

Hasn't faired well - amongst the low performers

Performance

Seems to be overvalued vs the market average

Valuation

Lagging behind the market in financials growth

Growth

Showing good signs of profitability & efficiency

Profitability

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. 