Monte Carlo Fashions Ltd. share price target and research reports

Name: Latest research reports of Monte Carlo Fashions Ltd. authored by Karvy and published by - Trendlyne research reports.
Item: Monte Carlo Fashions Ltd.
Rating: 5
Author: Karvy

Latest analyst research reports with target prices and PDF download for MONTECARLO, BSE:538836 Monte Carlo Fashions Ltd.

Monte Carlo Fashions Ltd.

24 Sep 2015

617.85

2.11%

Monte Carlo Fashions Ltd: Winter is Coming & Cotton Diversification Round the Co... (Sep 24, 2015)

Buy: Monte Carlo Fashions Ltd.

Karvy

Increased focus on cotton and cotton-blended products in order to decrease dependence on seasonal products: Monte Carlo, an established and leading brand in the largely unorganised woollen apparel market of $2.3 Bn, grew at a CAGR of ~ 16% over FY12-15. With better product mix and diversified product range, the company's efforts to diversify from seasonal products to cotton and cotton blended products, on the back of strong distribution network, we expect the revenues to grow by 13% CAGR for FY15-FY17E.

Monte Carlo Fashions Ltd.'s price crossed above 30Day SMA today

Is Monte Carlo Fashions Ltd. worth buying?

89 Votes:

Buy 80.9%

Sell 8.99%

Hold 10.11%

37.34% Fall from 52W High

High volume today

Monte Carlo Fashions Ltd. share price target and research reports

Latest analyst research reports with target prices and PDF download for MONTECARLO, BSE:538836 Monte Carlo Fashions Ltd.