MA

Vedant Fashions LtdNSE MANYAVAR Stock Report

Last reporting period 30 Sep, 2024

Updated 11 Nov, 2024

Last price

Market cap $B

2.696

Small

Exchange

XNSE - National Stock Exchange Of India

MANYAVAR.NS Stock Analysis

MA

Avoid

Based on Eyestock quantitative analysis, MANYAVAR.NS`s fundamental data and valuation indicate an investment grade of Avoid at the current time.

Rating

To assess the quality of a company's business, we have collected all financial data from the statements and presented them in the form of a single number - the company's rating. Rating value of 100 is the threshold for determining a viable investment.

93/100

Moderate score

Upside

To determine whether the current price is a reasonable to buy a stock, we compare it to our estimate of fair value. The more undervalued a stock is, the higher the upside.

-8.4 %

Greatly overvalued

Market cap $B

2.696

Dividend yield

0.72 %

Shares outstanding

242.88 B

Vedant Fashions Ltd. manufactures wedding apparel for men. The company is headquartered in Kolkata, West Bengal and currently employs 744 full-time employees. The company went IPO on 2022-02-16. The firm is primarily engaged in manufacturing, trading and sale of readymade ethnic wear for men, women and kids primarily in India under the brand names Manyavar, Mohey, Mebaz, Twamev and Manthan. The firm operates primarily in the manufacturing and trading of readymade garments being Indian wedding and celebration wear for men, women and kids. The Company’s products include men's ethnic and celebration wear items, such as Indo-western, sherwanis, kurtas, and jackets, and accessories, such as jutti, safa and mala, and women’s ethnic and celebration wear items, such as lehengas, sarees, stitched suits, gowns and kurtis. The firm operates through a single segment, branded fashion apparel and accessories. The firm has approximately 600+ stores in over 200 cities and in three countries with 11 international stores in the United Arab Emirates and the United States.

View Section: Eyestock Rating