Stock soared 23% since Q3 earnings were announced on 6 February, and trades at 68 times FY21 estimated earnings currentlyIn general, Trent has done well on executing on its expansion strategy, which is what investors are rewarding it for.
2 min read27 Feb 2020While earnings recovery should support the ABFRL stock, investors would also do well to keep track of the new businesses and progress on loss reduction
2 min read18 Sep 2018For the October-December quarter, Aditya Birla Fashion and Retail Ltd's standalone profit after tax was Rs35 crore, compared with a loss of Rs12 crore a year ago
1 min read3 Feb 2018Aditya Birla Fashion and Retail names Ashish Dikshit as its managing director and Jagdish Bajaj as CFO for the company after a board meeting
1 min read9 Jan 2018Department stores like Shoppers Stop, Pantaloons, Lifestyle and H&M, along with brands such as Charles & Keith, Massimo Dutti, announced their sales this week
2 min read23 Dec 2017ABFR's September quarter has been impacted by GST rollout, transition issues and steep fall in consumer sentiment in July immediately post GST
2 min read28 Oct 2017Shital Mehta resigns as CEO of Pantaloons division of Aditya Birla Fashion and Retail
1 min read4 Sep 2017Arvind Lifestyle Brands is developing kidswear as a separate business vertical in a bid to double its business over the next five years
2 min read1 Sep 2017Apparel brands, including AND, Calvin Klein Jeans, Levi's and Pantaloons, have advanced end of season sales to mid-June to clear stocks before GST rollout
1 min read28 Jun 2017Increased compliance is estimated to reduce the cost arbitrage between the formal and informal sector, benefiting the former
2 min read19 Jun 2017The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared