Lovable Lingerie Ltd. share price target

Lovable Lingerie Ltd, a Mumbai headquartered company is one of India's leading women's innerwear manufacturers. It focuses on dealing in hosiery garment products. Lovable and Daisy Dee are its flagship brands. It manufactures innerwear products under the brand Lovable which caters to the premium segment market in India, while Daisy Dee caters to the mid segment. To focus on consumer tastes and fashion cycles, it has set up an in house design studio for developing innerwear products and creating styles to meet the global standards. It has three...

Revenue grew by 8% this year with a fall in EBITDA margin by 300 basis points. The rise in employee expenses and raw material cost coupled with lack of price hike created a pressure on EBITDA margins.