In this issue we explore the buzz sorrounding Raymond Lifestyle Limited, examining its business, sectoral tailwinds, risks and the valuation opportunity owing to the demerger.
The whole textile sector has been beaten black and blue. Cos like Vedant Fashions is trading at IPO prices. 7500 Cr Mcap seems to be good number for entry. Ideally I’d buy in a staggered approach and not invest the entire capital at one go. Also, avoid using FY24 numbers for valuation as they were peak margin numbers.
Stock has been beaten black and blue. About 55 % correction. Looks like will slide further with the weakening market ! Value emerging?
The whole textile sector has been beaten black and blue. Cos like Vedant Fashions is trading at IPO prices. 7500 Cr Mcap seems to be good number for entry. Ideally I’d buy in a staggered approach and not invest the entire capital at one go. Also, avoid using FY24 numbers for valuation as they were peak margin numbers.