Metro Brands Ltd.

NSE: METROBRAND | BSE: 543426 | ISIN: INE317I01021 | Industry: Footwear
| Expensive Performer
1233.4000 10.80 (0.88%)
NSE Jun 09, 2025 15:31 PM
Volume: 102.3K
 

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Metro Brands Ltd.
02 Aug 2023
1233.40
0.88%
ICICI Securities Limited
There are three key positives in the result (1) highest retail expansion rate (at 27% YoY) compared to results declared by other retail companies so far (22-23% by GoFashion and Vedant), (2) CBL’s integration going on well (3% negative impact on NPM, inventory issue likely to be solved by Mar’24, closed 2 stores), (3) premium price point (> INR 3K) outperforms (31% YoY) value range.
Prabhudas Lilladhar decreased Hold price target of Metro Brands Ltd. to 1195.0 on 23 May, 2025.
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