|
12 Sep 2025 |
Metro Brands
|
Consensus Share Price Target
|
1288.00 |
1237.24 |
- |
-3.94 |
buy
|
|
|
|
|
21 Oct 2023
|
Metro Brands
|
Edelweiss
|
1288.00
|
1346.00
|
1205.85
(6.81%)
|
Target met |
Buy
|
|
|
Premiumisation drive continues; Fila to breakeven by FY25
|
|
20 Oct 2023
|
Metro Brands
|
Prabhudas Lilladhar
|
1288.00
|
1231.00
|
1205.85
(6.81%)
|
Target met |
Accumulate
|
|
|
|
|
28 Sep 2023
|
Metro Brands
|
Prabhudas Lilladhar
|
1288.00
|
1231.00
|
1088.10
(18.37%)
|
Target met |
Accumulate
|
|
|
|
|
03 Aug 2023
|
Metro Brands
|
Edelweiss
|
1288.00
|
1233.00
|
1073.90
(19.94%)
|
Target met |
Buy
|
|
|
On a steady growth track; store expansion continues
|
|
02 Aug 2023
|
Metro Brands
|
Motilal Oswal
|
1288.00
|
1200.00
|
1056.15
(21.95%)
|
Target met |
Buy
|
|
|
|
|
02 Aug 2023
|
Metro Brands
|
ICICI Securities Limited
|
1288.00
|
1200.00
|
1041.25
(23.70%)
|
Target met |
Buy
|
|
|
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.
|
|
25 May 2023
|
Metro Brands
|
Edelweiss
|
1288.00
|
1065.00
|
969.60
(32.84%)
|
Target met |
Buy
|
|
|
Lifts store expansion guidance; FILA to break even in FY25
|
|
25 May 2023
|
Metro Brands
|
Motilal Oswal
|
1288.00
|
1070.00
|
969.60
(32.84%)
|
Target met |
Buy
|
|
|
|
|
24 May 2023
|
Metro Brands
|
ICICI Securities Limited
|
1288.00
|
1050.00
|
929.60
(38.55%)
|
Target met |
Buy
|
|
|
Metro continues to fair well on revenue performance (+30% LFL (excluding Cravatex) vs. 26% retail expansion) during 4QFY23. Retail area (in mn sqft) expansion rate (at ~26% on FY23) is one of the most aggressive in retail industry, in our opinion.
|
|
29 Mar 2023
|
Metro Brands
|
Edelweiss
|
1288.00
|
909.00
|
787.70
(63.51%)
|
Target met |
Buy
|
|
|
Stepping up at a swift pace
|