Profit

BSE Code: | NSE Code: | ISIN: | Sector:

NSE
450.05
Change Change %
-7.80 -1.70%

Updated:19 Jul, 2019, 15:57 PM IST

BSE
448.50
Change Change %
-7.40 -1.62%

Updated:19 Jul, 2019, 16:01 PM IST

Research Report Detail

Brokerage
Analyst
Report Date Call Price@Call Target Price
Stop Loss
Current Status Time Horizon
Edelweiss
N/A
10-07-2017 Buy 302.50 416.00
N/A
Target Hit Long (1Y)
10-07-2018

Edelweiss recommends buy on Future Lifestyle Fashions

Edelweiss has initiated coverage on Future Lifestyle Fashions with a buy for target proce of Rs 416. It says Future Lifestyle Fashions (FLF) is an integrated play on brands and retail presence. This integrated model had ensured strong SSSG (16.4% in FY17) and outperformance.  It expects 12% SSSG to sustain over the next 2 years driven by scale up of retail channels across segments - central in premium and brand factory in value.

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