Aditya Birla Fashion and Retail share price: Sharekhan maintains Buy rating with a revised price target of Rs 255
Sharekhan attended the analyst/investor meet of Aditya Birla Fashion and Retail to understand the current business environment and future growth strategies. Revenues grew at a CAGR of 12% over FY2017-20 and achieved an OPM (excluding impact of Ind-AS 116) of 7.6% in FY2020. Sharekhan maintains Buy rating on Aditya Birla Fashion and Retail share price with a revised price target of Rs 255. Aditya Birla Fashion and Retail share price today is Rs 200, up Rs 7 or 3.7%.
Aditya Birla Fashion & Retail is targeting a CAGR of 15% over FY2020-26 (with strong growth expected between FY2022-26) and achieving revenues of Rs 21000 cr in FY2026 from Rs 8742 cr in FY2020: Image taken from companies website