Brokerage initiates coverage on Vedant Fashions with 'Buy' rating, sees 27% upside2 min read 01 Apr 2023, 11:57 AM IST
Motilal Oswal expects the company to report a revenue/PAT CAGR of 21 per cent/22 per cent over FY23-25, driven by 15 per cent footprint additions
Vedant Fashions (VFL) strong design capabilities with data-driven decision making (leading to no discounted sales), tech-driven supply chain and auto replenishment model, exclusive vendor ecosystem, and franchise-based EBO expansion have helped scale up its business and achieve superior margins, highlighed domestic brokerage Motilal Oswal in its report.
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