TCNS Clothing Co. Ltd.

NSE: TCNSBRANDS | BSE: 541700 | ISIN: INE778U01029 | Industry: Other Apparels & Accessories
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ICICI Securities Limited
EBITDA grew 64% YoY to | 63.0 crore (93% of pre-Covid levels) with EBITDA margins expanding 300 bps YoY to 19.2% (Q3FY20: 20.6%) What should investors do? Since our initiation report, the stock has appreciated ~71% (from | 400 in April 2020 to | 685 in February 2022). We believe the recent...
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