BSE Code: | NSE Code: | ISIN: | Sector:
Research Report Detail
|Report Date||Call||Price@Call||Target Price
|Current Status||Time Horizon|
|Target Hit|| Long (1Y)
CLSA initiates Aditya Birla Fashion and Retail with buy
Apparel market in India is rapidly evolving. Shift to branded products will continue to drive earnings. See multiple growth catalysts for industry. Expect branded apparel market to double in size by 2021. E-commerce, entry of foreign players is positive for sector.