aditya birla fashion

Representational image only. | Photo Credit: Special Arrangement Aditya Birla Fashion Retail Limited (ABFRL) said it has entered into definitive agreements to acquire TCNS Clothing, the owner of leading ethnic brands W, Aurelia, Wishful,…

Fabindia withdraws its ₹40 billion ($482.4 million) initial public offering amid rough market conditions. | Photo Credit: The Hindu Apparel retailer Fabindia on Monday said it has withdrawn its ₹40 billion ($482.4 million) initial public…

Recovery in the second half of 4QFY22 offset the impact of the Omicron Covid wave. While the business was impacted for 35-40 days in 4QFY22, a quick recovery was seen in the latter part of the quarter. Sales in January 2022 and in…

“In IT, from valuations’ perspective, the current levels look attractive. The risk to reward should be favourable from here and maybe the midcap IT companies have a larger room for appreciation,” says Rahul Shah, VP-Equity Advisory, Motilal…

New Delhi: Global brokerage firm CLSA has come with a positive outlook on as many as three Indian stocks, across various consumer centric sectors. The Hong Kong headquartered firm is bullish on the companies like , and . On Tata Motors,…

Nifty futures on the Singapore Exchange traded 57.5 points, or 0.35 per cent lower at 16,211.5, signaling that Dalal Street was headed for a negative start on Wednesday. Here are a dozen stocks which may buzz the most in today's trade: ITC,…

Firm is net cash positive; FY22/23e Ebitda up 11/7%; TP up to Rs 347; ‘Buy’ retained ABFRL reported a strong quarter with recovery and margins coming ahead of expectations in all key segments (Ebitda up 36% versus Q3FY20, 11% above…

I am expecting a lot of chop and churn in terms of sectors over the next couple of weeks for the indices, said Kunal Bothra of kunalbothra.co.in. Edited excerpts: What are the indicators that you are seeing on the charts? We ended at the…