MANYAVAR

Vedant Fashions Share Price

₹1,286.8
+ 24.95 (1.98%)
  • Advice
  • Hold
15 September, 2024 18:52 BSE: 543463 NSE: MANYAVAR ISIN: INE825V01034

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Vedant Fashions Performance

Day Range

  • Low 1,265
  • High 1,300
₹ 1,286

52 Week Range

  • Low 886
  • High 1,488
₹ 1,286
  • Open Price1,265
  • Previous Close1,262
  • Volume384349

Vedant Fashions Chart

  • Over 1 Month + 15.91%
  • Over 3 Month + 12.12%
  • Over 6 Month + 37.63%
  • Over 1 Year + 0.24%

Vedant Fashions Key Statistics

P/E Ratio 81.2
PEG Ratio -9.6
Market Cap Cr
Price to Book Ratio 19.5
EPS 16.5
Dividend 0.7
Relative Strength Index 67.39
Money Flow Index 79.45
MACD Signal 37.81
Average True Range 39.89

Vedant Fashions Investment Rating

  • Master Rating:
  • Vedant Fashions has an operating revenue of Rs. 1,295.74 Cr. on a trailing 12-month basis. An annual revenue growth of 3% is not great, Pre-tax margin of 40% is great, ROE of 25% is exceptional. The company is debt free and has a strong balance sheet enabling it to report stable earnings growth across business cycles. The stock from a technical standpoint is comfortably placed above its key moving averages, around 10% and 15% from 50DMA and 200DMA. It is currently FORMING a base in its weekly chart and is trading around 2% away from the crucial pivot point. From an O'Neil Methodology perspective, the stock has an EPS Rank of 38 which is a POOR score indicating inconsistency in earnings, a RS Rating of 33 which is POOR indicating the underperformance as compared to other stocks, Buyer Demand at A which is evident from recent demand for the stock, Group Rank of 86 indicates it belongs to a poor industry group of Retail-Apparel/Shoes/Acc and a Master Score of C is fair but needs to improve. Institutional holding has gone up in the last reported quarter is a positive sign. Overall, the stock has poor technical strength and poor fundamentals, there are superior stocks in the current market environment.

EPS Strength

Price Strength

Buyer Demand

Group Rank

Vedant Fashions Financials
IndicatorJun 2024Mar 2024Dec 2023Sep 2023Jun 2023Mar 2023
Oper Rev Qtr Cr 239362474218311336
Operating Expenses Qtr Cr 127188232125163170
Operating Profit Qtr Cr 11217524293148166
Depreciation Qtr Cr 373834322926
Interest Qtr Cr 1413111198
Tax Qtr Cr 213254163236
Net Profit Qtr Cr 621161584992107
IndicatorMar 2024Mar 2023
Total Revenue Annual Cr 1,4331,363
Operating Expenses Annual Cr 708668
Operating Profit Annual in Cr 657658
Depreciation Cr 13297
Interest Annual Cr 4430
Tax Annual Cr 134144
Net Profit Annual Cr 415423
IndicatorMar 2024Mar 2023
Cash from Operating Activity Annual Cr 478459
Cash from Investing Activity Annual Cr -104-228
Cash from Financing Annual Activity Cr -361-226
Net Cash Flow Annual Cr 145
IndicatorMar 2024Mar 2023
Total ShareHolders Funds Annual Cr 1,5971,395
Fixed Assets Annual Cr 663520
Total Non Current Assets Annual Cr 1,136843
Total Current Assets Annual Cr 1,3671,317
Total Assets Annual Cr 2,5032,161
IndicatorMar 2024Mar 2023
Book Value Per Share Annual Rs 6657
ROE Annual % 2630
ROCE Annual % 2834
Total Debt to Total Equity Annual --
EBDIT Annual Margin % 5352
IndicatorJun 2024Mar 2024Dec 2023Sep 2023Jun 2023Mar 2023
Oper Rev Qtr Cr 240363474218312342
Operating Expenses Qtr Cr 127188232125163174
Operating Profit Qtr Cr 11317524293148168
Depreciation Qtr Cr 373834323027
Interest Qtr Cr 1413111198
Tax Qtr Cr 213254163237
Net Profit Qtr Cr 621161584992109
IndicatorMar 2024Mar 2023
Total Revenue Annual Cr 1,4371,395
Operating Expenses Annual Cr 709684
Operating Profit Annual in Cr 658671
Depreciation Cr 135104
Interest Annual Cr 4531
Tax Annual Cr 134147
Net Profit Annual Cr 414429
IndicatorMar 2024Mar 2023
Cash from Operating Activity Annual Cr 483470
Cash from Investing Activity Annual Cr -110-232
Cash from Financing Annual Activity Cr -362-232
Net Cash Flow Annual Cr 126
IndicatorMar 2024Mar 2023
Total ShareHolders Funds Annual Cr 1,6021,400
Fixed Assets Annual Cr 648507
Total Non Current Assets Annual Cr 1,117828
Total Current Assets Annual Cr 1,3921,338
Total Assets Annual Cr 2,5092,166
IndicatorMar 2024Mar 2023
Book Value Per Share Annual Rs 6658
ROE Annual % 2631
ROCE Annual % 2834
Total Debt to Total Equity Annual --
EBDIT Annual Margin % 5352

Vedant Fashions Technicals

EMA & SMA

Current Price
₹1,286.8
+ 24.95 (1.98%)
pointer
  • Bullish Moving Average
  • ___
  • 16
  • Bearish Moving Average
  • ___
  • 0
  • 20 Day
  • ₹1,228.75
  • 50 Day
  • ₹1,168.90
  • 100 Day
  • ₹1,125.36
  • 200 Day
  • ₹1,120.87
  • 20 Day
  • ₹1,227.08
  • 50 Day
  • ₹1,144.87
  • 100 Day
  • ₹1,092.83
  • 200 Day
  • ₹1,095.16

Vedant Fashions Resistance and Support

PIVOT
₹1,283.92
Resistance
First Resistance 1,302.83
Second Resistance 1,318.87
Third Resistance 1,337.78
RSI 67.39
MFI 79.45
MACD Single Line 37.81
MACD 38.03
Support
First Support 1,267.88
Second Support 1,248.97
Third Supoort 1,232.93

Vedant Fashions Delivery and Volume

Period NSE + BSE Volume Avg NSE + BSE Delivery Volume Avg NSE + BSE Delivery Volume %
Day 393,747 33,228,309 84.39
Week 235,626 17,478,766 74.18
1 Month 194,204 13,203,907 67.99
6 Month 255,976 16,730,620 65.36

Vedant Fashions Result Highlights

Vedant Fashions Synopsis

NSE-Retail-Apparel/Shoes/Acc

Vedant Fashions is involved in the business activities of Manufacture of wearing apparel, except fur apparel. Company’s Total Operating Revenue is Rs. 1364.89 Cr. and Equity Capital is Rs. 24.29 Cr. for the Year ended 31/03/2024. Vedant Fashions Ltd. is a Public Limited Listed company incorporated on 24/05/2002 and has its registered office in the State of West Bengal, India. Company’s Corporate Identification Number(CIN) is L51311WB2002PLC094677 and registration number is 094677.
Market Cap 31,256
Sales 1,293
Shares in Float 6.07
No of funds 199
Yield 0.66
Book Value 19.57
U/D Vol ratio 1.6
LTDebt / Equity
Alpha -0.06
Beta 0.58

Vedant Fashions Shareholding Pattern

Owner NameJun-24Mar-24Dec-23Sep-23
Promoters 74.97%74.97%74.98%74.99%
Mutual Funds 9.04%9.37%10.28%11.59%
Insurance Companies 2.33%2.5%2.63%2.53%
Foreign Portfolio Investors 9.04%8.13%7.75%6.68%
Individual Investors 2.96%3.07%2.44%2.41%
Others 1.66%1.96%1.92%1.8%

Vedant Fashions Management

Name Designation
Mr. Ravi Modi Chairman & Managing Director
Mrs. Shilpi Modi Whole Time Director
Mr. Sunish Sharma Non Executive Director
Mr. Manish Mahendra Choksi Independent Director
Mr. Tarun Puri Independent Director
Ms. Abanti Mitra Independent Director

Vedant Fashions Forecast

Price Estimates

2,000(9.8%)
1,758(-3.5%)
1,590(-12.7%)

Other Analyst Rating

Vedant Fashions Corporate Action

Date Purpose Remarks
2024-07-29 Quarterly Results
2024-04-30 Audited Results & Final Dividend
2024-01-25 Quarterly Results
2023-10-31 Quarterly Results
2023-07-26 Quarterly Results
Date Purpose Remarks
2023-08-17 FINAL Rs.9.00 per share(900%)Final Dividend

Vedant Fashions FAQs

What is Share Price of Vedant Fashions ?

Vedant Fashions share price is ₹1,286 As on 15 September, 2024 | 18:38

What is the Market Cap of Vedant Fashions ?

The Market Cap of Vedant Fashions is ₹31256.2 Cr As on 15 September, 2024 | 18:38

What is the P/E ratio of Vedant Fashions ?

The P/E ratio of Vedant Fashions is 81.2 As on 15 September, 2024 | 18:38

What is the PB ratio of Vedant Fashions ?

The PB ratio of Vedant Fashions is 19.5 As on 15 September, 2024 | 18:38

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