Analyst Rating
based on 9 analysts
77.78%
Buy
11.11%
Hold
11.11%
Sell
Based on 9 analysts offering long term price targets for Vedant Fashions Ltd. An average target of ₹1197.44
Source: S&P Global Market Intelligence
Vedant Fashions Ltd Share analysis
Vedant Fashions Ltd price forecast by 9 analysts
Downside of
High
₹1363
Target
₹1197.44
Low
₹980
Vedant Fashions Ltd target price ₹1197.44, a slight downside of -6.89% compared to current price of ₹1270.85. According to 9 analysts rating.
Excluding Excise Duty and Other Income, represents Net Revenue
Vedant Fashions Ltd revenue growth forecast
Expected growth rate Q1, FY2026:27.57%
Forecast
Actual
Including amortisation and stock based compensations
Vedant Fashions Ltd EPS growth forecast
EPS estimate Q1, FY2026:30.09%
Forecast
Actual
Source: S&P Global Market Intelligence
Performance
Day's Low
Day's High
₹1,266.15₹1,296.652 Week's Low
52 Week's High
₹886.05₹1,487.9
| Returns % | |
| 1 Month Return | + 12.67 % |
| 3 Month Return | + 7.41 % |
| 1 Year Return | -2.46 % |
| Market Stats | |
| Previous Close | ₹1,286.05 |
| Open | ₹1,296.60 |
| Volume | 77.36K |
| Upper Circuit | - |
| Lower Circuit | - |
| Market Cap | ₹31,239.23Cr |
Key Statistics
| P/E Ratio | 81.14 |
| PEG Ratio | -55.57 |
| Market Cap | ₹31,239.23 Cr |
| P/B Ratio | 14.12 |
| EPS | 17.05 |
| Dividend Yield | 0.92 |
| Sector | Readymade Garments/ Apparells |
| ROE | 27.71 |
Peer Comparison
Company | Analyst View | Market Cap | 5 Year CAGR | Debt to Asset Ratio | Net Profit | Yearly Revenue |
|---|---|---|---|---|---|---|
| BUY | ₹31,239.23 Cr | 7.55% | 0.64 | ₹414 Cr | ₹1,367 Cr | |
| HOLD | ₹33,304.22 Cr | 15.28% | 0.82 | -₹736 Cr | ₹13,995 Cr | |
| HOLD | ₹48,369.82 Cr | 23.84% | 0.55 | NA | NA | |
| BUY | ₹29,416.51 Cr | 137.63% | 0.54 | ₹805 Cr | ₹6,059 Cr | |
| BUY | ₹18,590.46 Cr | 102.21% | 0.66 | ₹349 Cr | ₹6,808 Cr |
Company Information
Vedant Fashions Ltd operates in multiple lines of business, including manufacturing and retailing of apparel, footwear and accessories. The company's top products include sarees, suits, lehengas, kurtas, tunics, and more. It also carries a wide variety of popular brands, including Biba, W, AND, and many others.
Share Price: ₹1270.85 per share as on 18 Sep, 2024 04:01 PM
Market Capitalisation: ₹31,239.23Cr as of today
Revenue: ₹239.82Cr as on June 2024 (Q2 24)
Net Profit: ₹62.49Cr as on June 2024 (Q2 24)
Listing date: 16 Feb, 2022
Chairperson Name: RAVI MODI
| Organisation | Vedant Fashions Ltd |
| Headquarters | Kolkata |
| Industry | Readymade Garments/ Apparells |
| E-voting on shares | Click here to vote |
Key events for Vedant Fashions Ltd
Vedant Fashions Declares Dividend Announcement - 30 Aug, 2024
Vedant Fashions Limited has declared a dividend. The company specializes in manufacturing and trading ethnic wear for men, women, and kids, operating over 600 stores across India and internationally.
HDFC Securities Recommends Buy on Vedant Fashions - 08 Aug, 2024
HDFC Securities has issued a BUY rating for Vedant Fashions Ltd, suggesting a target price of Rs 1219 with a stop loss at Rs 1092, indicating a potential upside of 9.01% over the next 10 days.
Insights on Vedant Fashions Ltd
Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.
POSITIVE IMPACTFII Holding Up
Foreign Institutions have increased holdings from 8.13% to 9.04% in Jun 2024 quarter
NO EFFECTAgainst Peers
In the last 1 year, Kalyan Jewellers India Ltd has given 210.8% return, outperforming this stock by 213.3%
- NO EFFECT
Promoter Holding Unchanged
Promoters holdings remained unchanged at 74.97% of holdings in Jun 2024 quarter
NEGATIVE IMPACTProfit Down
Netprofit is down for the last 3 quarters, 157.71 Cr → 62.49 Cr (in ₹), with an average decrease of 36.3% per quarter
- NEGATIVE IMPACT
MF Holding Down
Mutual Funds have decreased holdings from 9.37% to 9.04% in Jun 2024 quarter
- NEGATIVE IMPACT
Price Dip
In the last 1 year, MANYAVAR stock has moved down by -2.5%
- NEGATIVE IMPACT
Retail Holding Down
Retail Investor have decreased holdings from 4.25% to 4.10% in Jun 2024 quarter
- NEGATIVE IMPACT
Revenue Fall
Revenue is down for the last 3 quarters, 489.92 Cr → 261.28 Cr (in ₹), with an average decrease of 26.7% per quarter
Vedant Fashions Ltd Infographics
Vedant Fashions Ltd Q1 FY2024-2025 Results: Key Insights
Q1FY25 was severely impacted by lower weddings nationally
Company Financials
Index Inclusions
Shareholding Pattern
| Investors | Holdings % | FY Quarter | 3M change |
|---|---|---|---|
| Promoter Holdings | 74.97% | 0.00 | |
| Foreign Institutions | 9.04% | 11.19 | |
| Mutual Funds | 9.04% | ||
| Retail Investors | 4.1% | ||
| Others | 2.84% |
Key Indicators
Vedant Fashions Ltd Valuation
Vedant Fashions Ltd in the last 5 years
Lowest (52.89x)
April 18, 2024
Industry (66.36x)
September 17, 2024
Today (81.14x)
September 17, 2024
Highest (95.09x)
September 14, 2022
Earnings and Dividends
Vedant Fashions Ltd Earnings Results
Vedant Fashions Ltd’s net profit fell -32.04% since last year same period to ₹62.49Cr in the Q1 2024-2025. On a quarterly growth basis, Vedant Fashions Ltd has generated -46.03% fall in its net profits since last 3-months.
Read More about Earnings ResultsVedant Fashions Ltd Dividends April,2024
In the quarter ending March 2024, Vedant Fashions Ltd has declared dividend of ₹8.50 - translating a dividend yield of 0.66%.
Read More about Dividends
Technicals Summary
Bearish
Neutral
Bullish
Vedant Fashions Ltd is currently in a Bullish trading position according to technical analysis indicators.
Frequently Asked Questions
- Get a PAN card.
- Open a Demat account.
- Open a Trading account.
- Link your Demat account to your Trading account.
- Fund your Trading account.
- Place an order to buy Vedant Fashions Ltd shares.
Vedant Fashions Ltd (MANYAVAR) share price today is ₹1270.85
Vedant Fashions Ltd is listed on NSE
Vedant Fashions Ltd is listed on BSE
- Today’s highest price of Vedant Fashions Ltd is ₹1296.6.
- Today’s lowest price of Vedant Fashions Ltd is ₹1266.15.
PE Ratio of Vedant Fashions Ltd is 81.14
PE ratio = Vedant Fashions Ltd Market price per share / Vedant Fashions Ltd Earnings per share
Today’s traded volume of Vedant Fashions Ltd(MANYAVAR) is 77.36K.
Today’s market capitalisation of Vedant Fashions Ltd(MANYAVAR) is ₹31239.23Cr.
| Vedant Fashions Ltd(MANYAVAR | Price |
|---|---|
52 Week High | ₹1487.9 |
52 Week Low | ₹886.05 |
Vedant Fashions Ltd(MANYAVAR) share price is ₹1270.85. It is down -14.59% from its 52 Week High price of ₹1487.9
Vedant Fashions Ltd(MANYAVAR) share price is ₹1270.85. It is up 43.43% from its 52 Week Low price of ₹886.05
| Vedant Fashions Ltd(MANYAVAR | Returns |
|---|---|
1 Day Returns | -15.2% |
1 Month Returns | 12.67% |
3 Month Returns | 7.41% |
1 Year Returns | -2.46% |