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06 Oct 2025 |
Metro Brands
|
Consensus Share Price Target
|
1253.60 |
1259.71 |
- |
0.49 |
buy
|
|
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29 Mar 2023
|
Metro Brands
|
Edelweiss
|
1253.60
|
909.00
|
787.70
(59.15%)
|
Target met |
Buy
|
|
|
Stepping up at a swift pace
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|
18 Jan 2023
|
Metro Brands
|
ICICI Securities Limited
|
1253.60
|
1050.00
|
845.35
(48.29%)
|
Target met |
Buy
|
|
|
Metro’s 3QFY23 performance was a positive surprise with highest ever store (48 stores) addition till date. This may drive consensus upgrades. Incremental focus towards distribution driven revenue growth under Fila and Proline brands (now consolidated in standalone financials effective 1st Dec’22) is a key growth vector.
|
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12 Nov 2022
|
Metro Brands
|
Motilal Oswal
|
1253.60
|
1050.00
|
794.90
(57.71%)
|
Target met |
Buy
|
|
|
|
|
20 Oct 2022
|
Metro Brands
|
ICICI Securities Limited
|
1253.60
|
1050.00
|
883.25
(41.93%)
|
Target met |
Buy
|
|
|
Metro’s addition of Fila and Proline to its portfolio (details below) places it a step closer to (directly) participate in the fast growing sports category.
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|
19 Sep 2022
|
Metro Brands
|
Motilal Oswal
|
1253.60
|
1000.00
|
814.50
(53.91%)
|
Target met |
Buy
|
|
|
|
|
19 Sep 2022
|
Metro Brands
|
Motilal Oswal
|
1253.60
|
1000.00
|
814.50
(53.91%)
|
Target met |
Buy
|
|
|
|
|
03 Jun 2022
|
Metro Brands
|
ICICI Securities Limited
|
1253.60
|
700.00
|
578.55
(116.68%)
|
Target met |
Buy
|
|
|
Metro Brands, one of the largest Indian footwear specialty retailers present in India, has the right mix of brands (three umbrella brands + two EBO tie-ups) providing growth runway (of store addition). Its focus on financial discipline along with balance sheet strength provides confidence on the execution.
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|
10 Dec 2021
|
Metro Brands
|
Ventura
|
1253.60
|
|
|
|
IPO Note
|
|
|
|
|
09 Dec 2021
|
Metro Brands
|
HDFC Securities
|
1253.60
|
|
|
|
IPO Note
|
|
|
Issue Snapshot: Issue Open: Dec 10 Dec 14 2021 Price Band: Rs. 485 500 *Issue Size: Rs 1367.5 cr (Fresh issue of Rs 295 cr + Offer for sale of 21,450,100 eq sh) Reservation for: QIB Upto 50% eq sh Non Institutional atleast 15% eq sh Retail atleast 35% eq sh Face Value: Rs 5 Book value: Rs 31.64 (Sep 30, 2021) Bid size: - 30 equity shares and in multiples thereof 100% Book built Issue Metro Brands Limited - IPO Note
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09 Dec 2021
|
Metro Brands
|
AUM Capital
|
1253.60
|
|
|
|
IPO Subscribe
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Metro Brands Ltd. (MBL) is one of the largest Indian footwear speciality retailers and is among the aspirational Indian brands in the footwear category. It opened its first store under the Metro brand in Mumbai in ~1955, and have since evolved into a one-stop-shop for all footwear needs, by retailing a wide range of branded products for the entire family including men, women, unisex and kids, and for every...
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