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| 16 September, 2024, 03:33 PM IST | Today's ePaper
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Business News›Wealth›Invest›5 reasons Aditya Birla Fashion is stock pick of the week
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Synopsis
Aditya Birla Fashion is launching new brands and re-energising existing ones to strengthen its position. It plans to create a portfolio of about 30 brands in the next three years.
Aditya Birla Fashion and Retail (ABFRL) offers a bouquet of leading brands with a strong network of stores and multi-brand outlets across India. It reported a robust 50% y-o-y jump in revenue in the second quarter of 2022-23, supported by demand recovery, aggressive store expansion, accelerated e-commerce, omnichannel presence, increase in footfalls and operating leverage benefits. According to the consensus of analysts compiled by Thomson
BY
Sameer Bhardwaj
ET Bureau
4 mins read
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