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5 Indian fashion retail stocks to watch in FY23

24 Oct '23
8 min read
Pic: Adobe Stock
Pic: Adobe Stock

Insights

  • In India's booming fashion retail industry, Trent excelled with robust growth and high market share, while Aditya Birla Fashion showed a strong market presence but mixed financial health.
  • Raymond made marginal gains.
  • Arvind Fashions struggled with market share, and Shoppers Stop grappled with financial instability despite a recent uptick in revenue of ₹**** crore.

Trend Ltd

Trent Ltd, a company that operates renowned retail brands like Westside and Zudio, has a market capitalisation of &#****;**,***.** crore. The company’s revenue has risen steadily from &#****;*,***.** crore in FY** to &#****;*,***.** crore in FY**, then the revenue dipped to &#****;*,***.** crore in FY**, further growing to &#****;*,***.** crore in FY** and &#****;*,***.** crore in FY**. The company’s net profit saw an impressive leap from &#****;***.** crore in FY** to &#****;***.** crore in FY**. The net profit dipped to minus &#****;**.** crore in FY** and rose to &#****;***.** crore and &#****;***.** crore in FY** and FY**, respectively.

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