Campus Activewear Ltd Share Price (CAMPUS)

Analysts Downgrade Revenue Forecasts for Campus Activewear Ltd - 15 Nov, 2023

Six analysts covering the company have downgraded their revenue forecasts, with a consensus view predicting revenues of ₹15b in 2024, reflecting a 5.0% improvement compared to the last 12 months. Prior estimates were at ₹17b. The consensus view has become more pessimistic on Campus Activewear.

Campus Activewear Q2 FY24 Results Show Significant Decline - 12 Nov, 2023

Campus Activewear Ltd's Q2 FY24 results indicate a challenging market environment with a significant decline in both revenue and profit. The company also recorded negative returns in the short and long term.

Campus Activewear Stock Falls After Weak Q2 Results - 10 Nov, 2023

Campus Activewear Ltd's stock hit a record low after reporting a sharp decline in profits for Q2 FY24. Revenue fell by 22%, while EBITDA margin eroded sharply to 9.5%. Investors have reduced holdings, but most analysts still recommend buying.

Campus Activewear Collaborates with King for New Campaign - 25 Oct, 2023

Campus Activewear has announced a collaboration with music sensation King for their new campaign #VibeWithOGKing. King will promote Campus OG range, which holds a special place in his fashion choices.

Motilal Oswal Estimates Target Price of Rs 335 for Campus Activewear - 16 Oct, 2023

Motilal Oswal has given a Buy recommendation for Campus Activewear with an estimated target price of Rs 335 per share, offering a potential return of up to 30%. The company currently has a market capitalization of Rs 8,930 crore.

Campus Activewear Ltd's Stock Falls Sharply - 25 Sep, 2023

Campus Activewear Ltd's stock has fallen at a sharper rate of 29% compared to Bata India Ltd and Relaxo Footwears Ltd, which fell by 1% each.

Campus Activewear Among Most Sold Stocks - 20 Sep, 2023

Campus Activewear Ltd was among the most sold stocks on September 20, 2023, along with VIP Industries and Nuvoco Vistas.

Mutual Fund Managers Reduce Stake in Campus Activewear - 15 Sep, 2023

Mutual fund managers reduced their stake in Campus Activewear Ltd in the small-cap space during August.

Mutual Funds Sell Shares of Campus Activewear, SIS Ltd and Anupam Rasayan - 14 Sep, 2023

Mutual funds sold shares worth ₹293 crore in Campus Activewear, ₹205 crore in SIS Ltd, and ₹172 crore in Anupam Rasayan last month, according to an ICICI Direct report.

Campus Activewear COO Sells Shares Worth Rs 1.5 Crore - 09 Sep, 2023

COO Piyush Singh sold shares worth Rs 15 million at Rs 303 per share, reducing their position size by 65%. This is in addition to a sale earlier this year at Rs 419 per share. Insiders have sold more shares than bought over the last year.

Resignations at Campus Activewear Ltd - 08 Sep, 2023

The CEO and COO of Campus Activewear have resigned citing personal reasons. The company's net profit remained unchanged YoY in Q1 FY23.

Campus Activewear Posts Soft Revenue Growth in Q1FY24 - 23 Aug, 2023

Campus Activewear Ltd reported soft revenue growth of 5% YoY in Q1FY24, with flat volume growth. However, premiumization led to an improvement in ASP and healthy gross margin (GM) improvement of 370bp. The company's strong market position and long runway for growth should result in a recovery by 2HFY24E once the market recovers. Reiterate BUY with a TP of INR335.

Footwear Industry to Record 11% Growth, Campus Activewear in Focus - 22 Aug, 2023

Crisil Ratings report predicts an 11% growth in revenue for the footwear industry this fiscal year due to softening input costs and rising demand. Raw materials constitute around 45% of total cost for footwear makers. Campus Activewear among stocks expected to be in focus.

Campus Activewear Ltd Shows Upward Momentum - 21 Aug, 2023

According to RSI trends, Campus Activewear Ltd is one of the 10 stocks that have shown notable upward momentum.

Campus Activewear's Strong Financials Indicate Potential Long-Term Growth - 19 Aug, 2023

Campus Activewear Ltd has a high Return on Equity (ROE) of 22%, exceptional net income growth of 28% over the past five years, and is reinvesting profits at a high rate of return. This could lead to potential long-term growth.

Campus Activewear CEO Included in Forbes Billionaire List - 15 Aug, 2023

Hari Krishan Agarwal, CEO of Campus Activewear, has been included in Forbes' list of billionaire businessmen with assets worth $1.1 billion. The company sold 19.3 million pairs generating $158 million in sales in fiscal year 2022. Nikhil Agarwal, his son, is now the CEO.

Campus Activewear Ltd Witnesses Signs of Demand Improvement - 14 Aug, 2023

Campus Activewear Ltd posts in-line results for Q1FY24 and expects a pickup in consumer discretionary spending due to higher disposable incomes in rural areas. Implementation of BIS norms to lead to market share gains and margins improvement.

Campus Activewear Reports Q1 Results with Revenue Growth and Net Profit Increase - 11 Aug, 2023

Campus Activewear Ltd reported a net profit of Rs 31 crore and revenue from operations of Rs 354 crore in Q1FY24. The company also registered 4.8% revenue growth despite subdued demand and added 24 new stores.

Campus Activewear Reports Rise in Q1 Net Profit - 10 Aug, 2023

Campus Activewear Ltd reported a rise in Q1 FY24 net profit to Rs 31.48 crore and an increase in revenue from operations compared to the year-ago quarter.

ICICI Prudential & Societe Generale Acquire Stake in Campus Activewear - 03 Aug, 2023

ICICI Prudential Life Insurance Company and Societe Generale have acquired a total of 42,14,000 equity shares in Campus Activewear Limited at an average price of Rs 295 per share.