Aditya Birla Fashion and Retail Limited is an Indian fashion retail company headquartered in Mumbai. The company operates a network of 3031 retail outlets, including 6,500 points of sales in department stores throughout India. Its stores offer a wide range of brands, and its products are sold in a variety of outlets.
Shares of Aditya Birla Fashion and Retail have a consensus price target of Rs345 per share. However, analysts’ opinions vary. Some value the stock at Rs370 while others value it at only Rs206. This suggests that the share price is either over or undervalued.
The company is expected to benefit from the acquisition of the exclusive retail and e-commerce rights of Reebok in the Indian market from Authentic Brands Group. This deal will strengthen the company’s retail and wholesale operations and will boost its Ebitda. Furthermore, the deal will also enable the company to expand its omnichannel presence.
Aditya Birla Fashion and Retail Limited (ABFRL) is an Indian company that owns several famous fashion brands in India. Among them is Pantaloons, which is the largest fashion retailer in the country. It has also partnered with American Eagle and Ted Baker to expand its offerings.
The company has received numerous awards in the past year. It won the Best Overall Performance Award (Madras Garments Exports) and the Retailer of the Year Award (Fashion & Lifestyle) at the ET Now Global Awards for Retail Excellence. Pantaloons were also named one of the world’s most trusted fashion retailers by Brand Equity.
The company recently announced the dates for its next Board meeting. The meeting is scheduled to take place on 5 August 2022. Shareholders will have the opportunity to discuss key matters related to the company’s future direction and strategy. For more information, check out the company’s website.