Metro Brands Ltd.

NSE: METROBRAND | BSE: 543426 | ISIN: INE317I01021 | Industry: Footwear
| Expensive Performer
1216.3000 -2.20 (-0.18%)
NSE Jun 13, 2025 15:31 PM
Volume: 89,558
 

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Metro Brands Ltd.
02 Aug 2023
1216.30
-0.18%
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.
Metro Brands Ltd. is trading above all available SMAs
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