NSE: MANYAVAR | BSE: 543463

Expensive Performer

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713.75 -8.05 (-1.12%)

High vol. this week

NSE 24 Sep, 2025 9:59 AM (IST)

17,341.1

Market Cap

Market Leader

0.7

Beta 1Year

Very Low volatility

Vedant Fashions Ltd. share price target and research reports

Latest analyst research reports with target prices and PDF download for MANYAVAR, BSE:543463 Vedant Fashions Ltd.

Vedant Fashions Ltd.

30 Mar 2023

713.75

-1.12%

Initiating Coverage: Connecting to the roots with style!

Buy: Vedant Fashions Ltd.

Motilal Oswal

Vedant Fashions Ltd. has an average target of 1185.00 from 3 brokers.

Vedant Fashions Ltd.

30 Jan 2023

713.75

-1.12%

Soft headline revenue growth in 3Q is likely due to lower number of wedding days. Structural story is intact. We upgrade estimates

Buy: Vedant Fashions Ltd.

ICICI Securities Limited

Vedant Fashion’s soft SSSG (negative YoY, low single digit vs pre-covid) has been underwhelming in Q3FY23. This may be due to a significant shift in wedding days to Q4FY23 (~10 days in 3Q vs >30 days in 4Q).

Number of FII/FPI investors decreased from 218 to 201 in Jun 2025 qtr

Vedant Fashions Ltd.

15 Nov 2022

713.75

-1.12%

SSSG below expectations; demand outlook healthy

Buy: Vedant Fashions Ltd.

Target

ICICI Securities Limited

Vedant Fashions’ (MANYAVAR) Q2FY23 EBITDA at Rs1.2bn (up 27% YoY) was a tad below consensus expectations. Revenue at Rs2.5bn grew 24% YoY (low base).

Geojit BNP Paribas released a Buy report for Vedant Fashions Ltd. with a price target of 890.0 on 16 Sep, 2025.

Vedant Fashions Ltd.

01 Jun 2022

713.75

-1.12%

Dressed to impress; initiate at BUY

Buy: Vedant Fashions Ltd.

ICICI Securities Limited

Vedant Fashion Ltd. (VFL) founded by Kolkata-based first-generation entrepreneur Ravi Modi is a play on the branded Indian wedding and celebration wear (IWCW) market, which seems relatively less price-sensitive. Its flagship brand Manyavar commands dominant position in the branded IWCW market and has emerged as a ‘category leader’ and a ‘brand of first recall’.

Geojit BNP Paribas released a Buy report for Vedant Fashions Ltd. with a price target of 890.0 on 16 Sep, 2025.

Vedant Fashions Ltd.

04 Feb 2022

713.75

-1.12%

VEDANT FASHIONS LTD.

IPO Note: Vedant Fashions Ltd.

Ventura

IPO Note

Vedant Fashions Ltd. has an average target of 1185.00 from 3 brokers.

Vedant Fashions Ltd.

04 Feb 2022

713.75

-1.12%

Vedant Fashions (MANYAVAR) Limited

IPO Note: Vedant Fashions Ltd.

Hem Securities

Vedant Fashions is the largest company in India in the men's Indian wedding and celebration wear segment in terms of revenue, OPBDIT and profit after tax for the Financial Year 2020. Company's Manyavar' brand is a category leader in the branded Indian wedding and celebration wear market with a...

Vedant Fashions Ltd. average weekly volume is high.

Vedant Fashions Ltd.

03 Feb 2022

713.75

-1.12%

Vedant Fashions Limited - IPO Note 03022022

IPO Note: Vedant Fashions Ltd.

HDFC Securities

Issue Snapshot: Issue Open: Feb 04 Feb 08, 2022 Price Band: Rs. 824 866 *Issue Size: Rs 3149.2 cr (Entirely Offer for sale) Reservation for: QIB Upto 50% eq sh Non Institutional atleast 15% eq sh Retail atleast 35% eq sh Face Value: Rs 1 Book value: Rs 35.45 (Sep 30, 2021) Bid size: - 17 equity shares and in multiples thereof 100% Book built Issue Vedant Fashions Limited - IPO Note

Number of FII/FPI investors decreased from 218 to 201 in Jun 2025 qtr

Vedant Fashions Ltd.

03 Feb 2022

713.75

-1.12%

Vedant Fashions Ltd. IPO Note

IPO Note: Vedant Fashions Ltd.

Ashika Research

Vedant Fashions Ltd. (VFL) is the largest company in India in the men's Indian wedding and celebration wear segment in terms of revenue, OPBDIT and net profit for FY20. 'Manyavar' brand is a category leader in the branded Indian wedding and celebration wear market with a Pan-India presence. It has established a multi-channel network and introduced brands by identifying gaps in the under-served and high-growth Indian wedding and celebration wear category. VFL focuses on spreading India's vibrant culture, traditions and heritage through aspirational yet value for money brands at a diverse range of price points. The company offers a one-stop destination with a wide spectrum of product offerings for every celebratory occasion and aim to deliver an aristocratic yet seamless purchase experience to customers through its aesthetic franchisee-owned exclusive brand stores....

Geojit BNP Paribas released a Buy report for Vedant Fashions Ltd. with a price target of 890.0 on 16 Sep, 2025.

Vedant Fashions Ltd.

02 Feb 2022

713.75

-1.12%

Vedant Fashions IPO

IPO Note: Vedant Fashions Ltd.

Angel Broking

Vedant Fashions Limited (VFL) was incorporated on May 24, 2002. VFL caters to the Indian celebration wear market with a diverse portfolio of brands. The company offers a one-stop destination with a wide-spectrum of product offerings for every celebratory occasion to its customers. The companys brands include Manyavar, Mohey, Mebaz, Manthan, and Twamev. Vedant Fashions

Number of FII/FPI investors decreased from 218 to 201 in Jun 2025 qtr

Vedant Fashions Ltd.

02 Feb 2022

713.75

-1.12%

Vedant Fashions Ltd.

IPO Subscribe: Vedant Fashions Ltd.

AUM Capital

Vedant Fashions Ltd. (VFL) is a leader in the branded Indian wedding and celebration wear market with a pan-India presence operating through franchise-owned exclusive brand outlets (EBOs). They have established a multi-channel network and introduced brands by identifying gaps in the under-served and high-growth Indian wedding and celebration wear category. VFL offers a one-stop destination with a wide-spectrum of product offerings for every celebratory occasion and...

Vedant Fashions Ltd. is trading below all available SMAs

VOTE: Is Vedant Fashions Ltd. worth buying?

123 Votes:

Buy 82.93%

Sell 10.57%

Hold 6.5%

RESEARCH REPORTS

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Neutral SEE REPORTS >

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