Vedant Fashions Ltd Share Price (MANYAVAR)
₹925.7
Vedant Fashions Ltd share Performance
- ₹922.4₹945₹925.7
0.36%
Low
Day's Volatility:2.44%
High
2.08%
- ₹886.05₹1487.9₹925.7
4.28%
Low
52 Weeks Volatility:65.02%
High
60.73%
| Returns % | |
| 1 Month Return | 1.57 % |
| 3 Month Return | -16.49 % |
| 1 Year Return | -28.09 % |
| Market Stats | |
| Previous Close | ₹939.55 |
| Open | ₹944.95 |
| Volume | 87.21K |
| Upper Circuit | - |
| Lower Circuit | - |
| Market Cap | ₹22,818.84Cr |
Analyst Rating for Vedant Fashions Ltd stock
based on 9 analysts
Based on 9 analysts offering long term price targets for Vedant Fashions Ltd. An average target of ₹1187
Source: S&P Global Market Intelligence
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: ₹925.70 per share as on 25 Apr, 2024 04:01 PM
Market Capitalisation: ₹22,818.84Cr as of today
Revenue: ₹474.46Cr as on December 2023 (Q4 23)
Net Profit: ₹157.71Cr as on December 2023 (Q4 23)
Listing date: 16 Feb, 2022
Chairperson Name: RAVI MODI
| Organisation | Vedant Fashions Ltd |
| Headquarters | Kolkata |
| Industry | Retail |
| E-voting on shares | Click here to vote |
Key events for Vedant Fashions Ltd
ICICI Securities Raises Concerns for Vedant Fashions Amid Lower Wedding Days - 18 Apr, 2024
Vedant Fashions' shares are trading near their 52-week low, with ICICI Securities raising concerns about the company's business model due to a lower number of wedding days this year. However, analysts maintain an 'add' rating with an unchanged target price of Rs 1,000 per share.
Vedant Fashions' High P/E Ratio Raises Concerns - 21 Mar, 2024
Vedant Fashions Limited's high P/E ratio of 53.1x compared to the market average of 28x is concerning, given its recent earnings decline. Analysts estimate a growth rate of 16% per year for the next three years, lower than the broader market's forecast of 19%. The sustainability of Vedant Fashions' share price at this level of earnings growth remains uncertain.
Fundamentals of Vedant Fashions Ltd
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 7.74% to 8.13% in Mar 2024 quarter
- POSITIVE IMPACT
Revenue Rich
Revenue is up for the last 2 quarters, 233.41 Cr → 489.92 Cr (in ₹), with an average increase of 52.4% per quarter
- POSITIVE IMPACT
Profit Spike
Netprofit is up for the last 2 quarters, 48.72 Cr → 157.71 Cr (in ₹), with an average increase of 69.1% per quarter
- POSITIVE IMPACT
Retail Holding Up
Retail Investor have increased holdings from 3.54% to 4.25% in Mar 2024 quarter
NO EFFECTAgainst Peers
In the last 1 year, Kalyan Jewellers India Ltd has given 308.9% return, outperforming this stock by 337.0%
NEGATIVE IMPACTPromoter Holding Down
Promoters have decreased holdings from 74.98% to 74.97% in Mar 2024 quarter
- NEGATIVE IMPACT
MF Holding Down
Mutual Funds have decreased holdings from 10.28% to 9.37% in Mar 2024 quarter
- NEGATIVE IMPACT
Price Dip
In the last 6 months, MANYAVAR stock has moved down by -27.5%
Vedant Fashions Ltd Valuation
Vedant Fashions Ltd in the last 5 years
Lowest (52.99x)
March 20, 2024
Industry (-289.18x)
April 24, 2024
Today (55.96x)
April 24, 2024
Highest (95.09x)
September 14, 2022
Mutual Fund Holdings
| Funds | Holdings |
 SBI Equity Hybrid Fund Direct Growth | 0.69% |
| SBI Small Cap Fund Direct Plan Growth | 1.27% |
 Kotak Emerging Equity Scheme Direct Growth | 0.7% |
 PGIM India Midcap Opportunities Fund Direct Growth | 1.05% |
 UTI Mid Cap Fund-Growth Option- Direct | 0.81% |
Shareholding Pattern
| Investors | Holdings % | Prev. 1 periods | 3M change |
|---|---|---|---|
| Promoter Holdings | 74.97% | 0.00 | |
| Foreign Institutions | 8.13% | 0.00 | |
| Mutual Funds | 9.37% | 0.00 | |
| Retail Investors | 4.25% | 0.00 | |
| Others | 3.27% | 0.00 |
Technicals of Vedant Fashions Ltd share
News & Events of Vedant Fashions Ltd
Frequently Asked Questions
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Vedant Fashions Ltd (MANYAVAR) share price today is ₹925.7
Vedant Fashions Ltd is listed on NSE
Vedant Fashions Ltd is listed on BSE
- Today’s highest price of Vedant Fashions Ltd is ₹945.
- Today’s lowest price of Vedant Fashions Ltd is ₹922.4.
PE Ratio of Vedant Fashions Ltd is 55.96
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 87.21K.
Today’s market capitalisation of Vedant Fashions Ltd(MANYAVAR) is ₹22818.84Cr.
| Vedant Fashions Ltd(MANYAVAR | Price |
|---|---|
52 Week High | ₹1487.9 |
52 Week Low | ₹886.05 |
Vedant Fashions Ltd(MANYAVAR) share price is ₹925.7. It is down -37.78% from its 52 Week High price of ₹1487.9
Vedant Fashions Ltd(MANYAVAR) share price is ₹925.7. It is up 4.47% from its 52 Week Low price of ₹886.05
| Vedant Fashions Ltd(MANYAVAR | Returns |
|---|---|
1 Day Returns | -13.85% |
1 Month Returns | 1.57% |
3 Month Returns | -16.49% |
1 Year Returns | -28.09% |