Vedant Fashions News

Top mutual funds like SBI Mutual Fund, Axis MF, Nippon India MF bought 19 midcap stocks, including Suzlon Energy, NHPC, and PB Fintech, the parent of online insurance aggregator Policybazaar.

Pent-up demand post-Covid led to booming sales in athleisure wear and lifestyle products. Kumar Rajagopalan notes the unsustainable high growth post-pandemic and the impact on consumer spending.

During the period under review, sherwanis have emerged as a standout category, making up more than a quarter of all sales, the report (by Rupali Mukherjee) said quoting Ashish Mukul, brand head at Tasva.

Vedant Fashions Ltd. key Products/Revenue Segments include Income from Retailing, Other Operating Revenue, Export Incentives and Scrap for the year ending 31-Mar-2023.

Vedant Fashions Ltd. key Products/Revenue Segments include Income from Retailing, Other Operating Revenue, Export Incentives and Scrap for the year ending 31-Mar-2023.

​​These companies are tracked by at least 10 analysts. Ujjivan Bank, Bandhan Bank, PSP Projects, Vedant Fashions, PNB Housing Finance, Prince Pipes & Fittings, Transport Corp, Greenpanel Industries, Galaxy Surfactants, and Somany Ceramics, could return at least 25%, according to average price targets on Bloomberg.

As per industry estimates, sales of categories like ethnic wear and wedding wear, gold jewellery and electronic household appliances have declined by 10-20% in FY24 till February as compared to the same period in FY23. However, luxury and premium products bucked the trend of sales decline mirroring the overall trend in consumption, chief executives said.

Nifty is currently placed at the edge of breaking above the immediate hurdle of 21,850 levels and a decisive move above this resistance is likely to pull Nifty towards 22,000-22,100 levels in the short term. Immediate support is at 21720 levels, said Nagaraj Shetti of HDFC Securities.

Why do multinational companies, whose half of the products are outsourced to much smaller manufacturing units still enjoy a higher multiples than many others. Simple answer, they own the brands and hence the pricing power. There are many sectors where brands play an important role. Branded apparel space has seen many tailwinds, right from implementation of GST which removed the tax arbitrage between organized and unorganized players to something which is not heard much on the street, which is China plus one sourcing. Is this industry finally reaching a stage where scale and brands will get desired valuations.

In the largecap segment, 15 companies witnessed significant block deals on the screen which were worth Rs 2,071 crore led by Bharti Airtel with 18 block count, totalling Rs 374 crore. The next in line were Bajaj Auto (Rs 352 crore), Shree Cement (Rs 218 crore), UltraTech Cement (Rs 144 crore), ICICI Prudential Life Insurance Company (Rs 143 crore), Axis Bank (Rs 141 crore), HDFC Bank (Rs 141 crore) and Bajaj Finance (Rs 119 crore).

Nifty on Tuesday ended 89 points stronger to form a small positive candle with an upper shadow on the daily chart. The short-term trend of Nifty continues to be range-bound

Mazagon Dock Shipbuilders, Bank of India, Thermax, Uno Minda, and Vedant Fashions are the five midcap stocks which saw mutual funds reducing their exposure for three months in a row, according to the data shared by Nuvama Institutional Equities.

Morgan Stanley maintained an overweight rating on Vedant Fashion at a target price of Rs 1418. The global investment bank believes that the share price will rise relative to the country index over the next 60 days.

In the world of stock market analysis, the Relative Strength Index (RSI) plays a pivotal role. ETMarkets presents insights into stocks that have witnessed an upswing in their RSI, helping investors make informed decisions. We delve into Easy Trip Planners, Varun Beverages, Vedant Fashions, Eureka Forbes, and Hero MotoCorp to uncover what their RSI movements mean.

Indian Oil Corporation, GAIL (India), Mankind Pharma, Jindal Steel & Power, Adani Total Gas, Star Health and Allied Insurance, Max Financial Services, Vedant Fashions, Motherson Sumi Wiring, and Ajanta Pharma, among others will also detail earnings on Tuesday

Several midcap stocks in the Indian market showcased significant movements by surpassing their 20-day SMA, indicating potential changes in their stock trends.

Discover the power of Relative Strength Index (RSI) and its role in identifying potential investment opportunities as we spotlight five stocks showing strong RSI trends.

On Tuesday, October 17, several midcap stocks in the Indian market exhibited noteworthy movements by crossing their 100-day SMA, signaling potential shifts in their stock trends.

These large-cap stocks, having crossed their 100-day SMA on September 5, 2023, stand as robust performers in the stock market.

These stocks, having crossed their 200-day SMA on September 5, 2023, provide a compelling example of market resilience and potential.

In this article, we'll explore what RSI is, its significance, and delve into ten stocks that were trending with a bearish RSI on September 4, Monday, as reported by StockEdge. ETMarkets has picked these stocks for closer examination, shedding light on what these bearish RSI trends could mean for investors.

Crossing the 200-day SMA reflects potential upward trends and positive market sentiment.

The 10 companies that saw highest buying by promoters from the open market in the last quarter, has Adani Group’s cash cow Adani Ports and Special Economic Zone at the top of the list.

In an era of dynamic market movements, it's essential to have the right tools in your arsenal. This article uncovers the importance of the Relative Strength Index (RSI) and examines its recent trends, drawing from StockEdge's recent data and ETMarkets' highlighted stocks. Get equipped to make informed investment decisions with a deeper understanding of RSI.

Jubilant FoodWorks, Reliance Industries, ACC, and others emerged as key players in their respective sectors, reflecting their resilience and growth potential.

The stock market continues to witness intriguing movements as some stocks have demonstrated remarkable growth by crossing their 200-day Simple Moving Average (SMA) on 1st August 2023. These achievements are sparking interest among investors, signaling potential growth opportunities in the market.

Tata Consumer Products' profit rose 30% YoY to Rs 359 crore in the first quarter. Revenue from operations during the quarter increased 12% YoY to Rs 3,741 crore.

On July 20, 2023, several Indian companies, including Shoppers Stop, Marico, and Vedant Fashions, crossed the 50-day Simple Moving Average, indicating potential changes in short-term trends. Shoppers Stop's stock surged to Rs. 788.7, Marico showcased steady performance, and Vedant Fashions continued to grow.

Several Indian companies, including Asian Star Company, NMDC, Vedant Fashions, Dwarikesh Sugar Industries, Sagar Cements, SpiceJet, Indian Railway Catering And Tourism Corporation and Finolex Industries, crossed their 100-day Simple Moving Average (SMA) on July 12, signifying a potential shift in the market sentiment. Experts closely monitor the 100-day SMA, which represents a stock's average closing price over the past 100 days, for signs of bullish momentum.

On June 30, promoters of air-conditioning generator manufacturer TD Power Systems sold 37.7 million shares for ₹835 crore. Shares of TD Power rallied 8% in the last three months and 20% in the last one year.

We examine the key fundamentals of the fund, its portfolio and performance to help you make an informed investment decision.

Shree Cement, Praj Industries, Borosil Renewables, Life Insurance Corporation of India and Vedant Fashions are trading below their respective 200-day Simple Moving Averages (SMAs), which is a significant event. However, each company has unique qualities and presents potential investment opportunities and investors can make informed decisions and potentially benefit from the situation. Shree Cement Ltd, Praj Industries Ltd and Borosil Renewables Ltd have seen momentary dips, but their strong fundamentals and potential for growth make them appealing. Despite trading momentarily below the 200-day SMA, Life Insurance Corporation of India and Vedant Fashions present interesting propositions due to their market position and growth potential in their respective sectors.

Mutual funds were net buyers in Indian equities during the month, adding stocks worth Rs 2,447 crore compared to selling Rs 4,533 crore worth of shares in April. Two private banks, ICICI Bank and HDFC Bank, remain among the top holdings of the top five AMCs including SBI Mutual Fund, ICICI Pru AMC, HDFC Mutual Fund, Nippon Mutual Fund, and UTI Mutual Fund.​

Goldman Sachs is optimistic about India's medium-term growth prospects and recommends foreign investors build exposure in the emerging market due to its stable macroeconomics and strong historical track record. The bank favours domestic cyclicals, especially banks and investment cyclicals such as industrials and cement. It also expects themes like "make in India" and quality at a reasonable price to play out in the coming years. The bank has identified largecap compounders and midcap multibaggers as stocks investors should consider for increasing exposure in the medium term. India's aggregate equity market capitalization has surged 12-fold since 2003.

The promoters of Vedant Fashions, owner of ethnic wear brand Manyavar, are selling up to 9.88% stake or 2.40 crore company shares through an OFS. Retail investors can bid for the OFS on Friday, May 19, above the indicative price of ₹1,206.35. Shares of Vedant Fashions ended flat at ₹1,248.85.

M M Forgings posted multifold growth in net profit at Rs 30 crore for the quarter ended March. Revenue for the quarter stood at Rs 387 crore.

The promoter of Vedant Fashions, Ravi Modi Family Trust, plans to sell 7% stake in the company through an OFS. The offer is being proposed with an option to sell an additional 2.88% stake in the event of oversubscription. The floor price is fixed at Rs 1,161 per share, which is nearly 7% discount to the last closed price. The offer is open for non-retail investors only and on May 19, which is the T

The brokerage expects revenue/EBITDA CAGRs of 20%/21% over FY23-25 on the back of 15% growth in footprint addition and SSSG of ~5%.

Is the up move of Nifty on friday, a dead cat bounce or it is the start of a sustainable rally. Rather than worrying about it is better to focus on stocks. The selected stocks depict a strong upward trajectory in their overall average score which is based on five key pillars i.e. earnings, fundamentals, relative valuation, risk and price momentum. This implies that there has been a significant improvement in their market outlook in the given time frame.

Once again the US banking system has given jitters to global markets. However, even before that market has been under the control of bears. Stocks which have seen a constant improvement in their scores even in such volatile times are worth looking at. The selected stocks depict a strong upward trajectory in their overall average score which is based on five key pillars i.e. earnings, fundamentals, relative valuation, risk and price momentum. This implies that there has been a significant improvement in their market outlook in the given time frame.