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MOHEY STORES
Sales slump for Manyavar & Mohey's parent Vedant FashionsVedant Fashions, the company behind Manyavar, faces increased competition. Newer players impact its market value. The ethnic wear segment s...- Buy Vedant Fashions, target price Rs 1,600: ICICI SecuritiesICICI Securities advises buying Vedant Fashions with a target price of Rs 1,600. The company reports a net profit of Rs 66.90 crore for the...
- Is Bajaj Auto's statement an indication of how the festive season is panning out? 15 stocks where investors need to be watchfulA simple statement by a two-wheeler major that “the festive season is not panning out as expected” saw its stock tank 11% in a single sessi...
- Festive Season Stocks: 15 stocks which may gain as faster growing economy makes consumers spend more this festive seasonEvery sector and industry has a correlation with festive season sales. There are some whose fortunes are tied up more with how much money i...
- Bangladesh is just one reason, there is more to it: 4 garment makers with an upside potential of up to 34%After the recent political development in Bangladesh, there has been talks of how that will impact the Indian textile industry. Now that is...
- 15 stocks which may gain in forthcoming festive season as consumers loosen their purse stringsIn another two weeks, Ganesh Chaturthi will kick off the official festive season 2024. A season in which some companies look forward to for...
- Beneficiaries of move to organized sector: 4 branded apparel makers with an upside potential of up to 37%Why do multinational companies, whose half of the products are outsourced to much smaller manufacturing units still enjoy a higher multiple...
- Wedding season: No significant pick-up in demand for gold jewellery, household and kitchen appliances in semi-urban & rural marketsThis is driven by the fact that daily household inflation is yet to sober down completely impacting consumption amongst masses or people wi...
- 4 sectors Manish Sonthalia is bullish on for near termSo since we have had a decent run, we could see some sort of consolidation between now and September. And obviously third quarter onwards, ...
- Vedant Fashions faces rating cuts after Q1 nos on punchy valuationsPunchy valuations drive our downgrade to sell, said Kotak Institutional Equities, which has a target of Rs 1,075 for the stock from Rs 1,00...
- Can Vedant Fashion be the next Titan or Page Industries? Manish Sonthalia answers“My sense is these guys have very high gross margins of around 75% and EBITDA margins of 40%. One just needs to have a handle on growth and...
- Vedant Fashions IPO sails through on strong QIB demandThe issue was subscribed only 22 per cent by 11.20 am on Tuesday as it saw bids for 54,88,926 only shares against an offering of 2,54,55,38...
- Vedant Fashions IPO subscribed 16% on Day 2The issue was subscribed only 16 per cent during the first ninety minutes of the issue. By 10.45 am, the issue saw bids for 40,39,914 equit...
- Vedant Fashions IPO subscribed 7% so far on Day 1The issue is entirely an offer for sale (OFS) by the promoters and existing shareholders.
- Vedant Fashions an expensive, high-risk bet on ethnic wearIncorporated in 2002, Kolkata headquartered Vedant fashions offers men’s ethnic wear across various price points. Its Manyavar brand is tar...
- Vedant Fashions IPO opens tomorrow: Can tight pricing, low GMP spoil the look?Most analysts are positive on the issue, while some advise caution. They see its market leading position, growing Indian wedding and celebr...
- iXceed Solutions MD believes retail therapy works best for stressYogita Tulsiani got herself some new tools for grooming in lockdown.
- CX Partners eyes Rs 300 cr stake in ethnic brand SochThese brands have raised funding from marquee investors, signalling a growing private equity (PE) appetite for a piece of the Indian ethnic...
- PE firm Kedaara Capital acquires 10% in ethnic brand Manyavar's ownerThe valuation of Vedant at Rs 4,000-4,500 crore is almost at par with that of Fabindia when it sold a stake to Infosys co-founder Nandan Ni...
- Manyavar charts its way to markets in US & EuropeManyavar's Managing Director Ravi Modi said he was targeting 100 Mohey stores by the end of the next financial year.
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