MANYAVAR

Vedant Fashions Share PriceVedant Fashions

₹1,391.75
21.3 (1.55%)
As on 02 December, 2023 | 20:55 BSE: 543463 NSE: MANYAVARISIN: INE825V01034

Vedant Fashions Performance

Day Range

  • Low 1,356.60
  • High 1,399.00
₹ 1,391.75

52 Week Range

  • Low 1,058.05
  • High 1,447.60
₹ 1,391.75
  • Open Price1,370.50
  • Previous Close1,370.45
  • Volume775656

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Vedant Fashions Share Price

  • Over 1 Month 7.46%
  • Over 3 Month 10.6%
  • Over 6 Month 10.02%
  • Over 1 Year 0.12%

Vedant Fashions Key Statistics

P/E Ratio 84.5
PEG Ratio 24.2
Market Cap Cr 33,795
Price to Book Ratio 24.1
EPS 17.2
Dividend 0.6
Relative Strength Index 63.72
Money Flow Index 53.24
MACD Signal 11.83
Average True Range 37.9

Vedant Fashions Investment Rating

  • Master Rating:
  • Vedant Fashions has an operating revenue of Rs. 1,312.97 Cr. on a trailing 12-month basis. An annual revenue growth of 28% is outstanding, Pre-tax margin of 42% is great, ROE of 30% 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 5% and 10% from 50DMA and 200DMA. It has recently broken out of a base in its weekly chart and is trading around 0% from the pivot point (which is the ideal buying range for a stock). From an O'Neil Methodology perspective, the stock has an EPS Rank of 42 which is a POOR score indicating inconsistency in earnings, a RS Rating of 38 which is POOR indicating the underperformance as compared to other stocks, Buyer Demand at B which is evident from recent demand for the stock, Group Rank of 40 indicates it belongs to a strong industry group of Retail-Apparel/Shoes/Acc and a Master Score of C is fair but needs to improve. Institutional holding has remained stable in the last reported quarter. 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
IndicatorSep 2023Jun 2023Mar 2023Dec 2022Sep 2022Jun 2022Mar 2022
Oper Rev Qtr Cr 218311336431242317289
Operating Expenses Qtr Cr 125163170212129157149
Operating Profit Qtr Cr 93148166219113160140
Depreciation Qtr Cr 32292623232525
Interest Qtr Cr 11987778
Tax Qtr Cr 16323650233530
Net Profit Qtr Cr 49921071476910087
IndicatorMar 2023Mar 2022
Total Revenue Annual Cr 1,3631,057
Operating Expenses Annual Cr 668528
Operating Profit Annual in Cr 658480
Depreciation Cr 9788
Interest Annual Cr 3027
Tax Annual Cr 144105
Net Profit Annual Cr 423308
IndicatorMar 2023Mar 2022
Cash from Operating Activity Annual Cr 459341
Cash from Investing Activity Annual Cr -22862
Cash from Financing Annual Activity Cr -226-406
Net Cash Flow Annual Cr 5-3
IndicatorMar 2023Mar 2022
Total ShareHolders Funds Annual Cr 1,3951,084
Fixed Assets Annual Cr 520495
Total Non Current Assets Annual Cr 843732
Total Current Assets Annual Cr 1,3171,017
Total Assets Annual Cr 2,1611,749
IndicatorMar 2023Mar 2022
Book Value Per Share Annual Rs 5745
ROE Annual % 3028
ROCE Annual % 3431
Total Debt to Total Equity Annual --
EBDIT Annual Margin % 5252
IndicatorSep 2023Jun 2023Mar 2023Dec 2022Sep 2022Jun 2022Mar 2022
Oper Rev Qtr Cr 218312342441247325296
Operating Expenses Qtr Cr 125163174217131162152
Operating Profit Qtr Cr 93148168224115163144
Depreciation Qtr Cr 32302725252627
Interest Qtr Cr 11987889
Tax Qtr Cr 16323752243531
Net Profit Qtr Cr 49921091506910189
IndicatorMar 2023Mar 2022
Total Revenue Annual Cr 1,3951,091
Operating Expenses Annual Cr 684545
Operating Profit Annual in Cr 671496
Depreciation Cr 10494
Interest Annual Cr 3128
Tax Annual Cr 147108
Net Profit Annual Cr 429315
IndicatorMar 2023Mar 2022
Cash from Operating Activity Annual Cr 470351
Cash from Investing Activity Annual Cr -23256
Cash from Financing Annual Activity Cr -232-410
Net Cash Flow Annual Cr 6-3
IndicatorMar 2023Mar 2022
Total ShareHolders Funds Annual Cr 1,4001,083
Fixed Assets Annual Cr 507499
Total Non Current Assets Annual Cr 828736
Total Current Assets Annual Cr 1,3381,034
Total Assets Annual Cr 2,1661,770
IndicatorMar 2023Mar 2022
Book Value Per Share Annual Rs 5845
ROE Annual % 3129
ROCE Annual % 3432
Total Debt to Total Equity Annual --
EBDIT Annual Margin % 5252

Vedant Fashions Technicals

EMA & SMA

Current Price
₹1,391.75
21.3 (1.55%)
pointer
  • Bullish Moving Average
  • ___
  • 16
  • Bearish Moving Average
  • ___
  • 0
  • 20 Day
  • ₹1,339.18
  • 50 Day
  • ₹1,316.69
  • 100 Day
  • ₹1,297.91
  • 200 Day
  • ₹1,269.71
  • 20 Day
  • ₹1,334.67
  • 50 Day
  • ₹1,315.34
  • 100 Day
  • ₹1,288.27
  • 200 Day
  • ₹1,258.91

Vedant Fashions Resistance and Support

PIVOT
₹1,382.45
Resistance
First Resistance 1,408.30
Second Resistance 1,424.85
Third Resistance 1,450.70
RSI 63.72
MFI 53.24
MACD Single Line 11.83
MACD 19.28
Support
First Resistance 1,365.90
Second Resistance 1,340.05
Third Resistance 1,323.50

Vedant Fashions Delivery and Volume

Period NSE + BSE Volume Avg NSE + BSE Delivery Volume Avg NSE + BSE Delivery Volume %
Day 788,336 72,558,445 92.04
Week 557,772 41,827,304 74.99
1 Month 269,498 21,274,183 78.94
6 Month 193,748 14,449,759 74.58

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. 1325.96 Cr. and Equity Capital is Rs. 24.28 Cr. for the Year ended 31/03/2023. 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 33,795
Sales 1,296
Shares in Float 6.07
No of funds 152
Yield 0.65
Book Value 24.22
U/D Vol ratio 1.6
LTDebt / Equity 8
Alpha -0.01
Beta 0.51

Vedant Fashions

Owner NameSep-23Jun-23Mar-23Dec-22
Promoters 74.99%75%84.88%84.89%
Mutual Funds 11.59%12.79%8.9%8.61%
Insurance Companies 2.53%2.2%0.56%0.64%
Foreign Portfolio Investors 6.68%6.27%3.41%3.41%
Individual Investors 2.41%2.18%1.43%1.58%
Others 1.8%1.56%0.82%0.87%

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
2023-10-31 Quarterly Results
2023-07-26 Quarterly Results
2023-04-28 Audited Results & Final Dividend
2023-01-28 Quarterly Results
2022-11-11 Quarterly Results
Date Purpose Remarks
2023-08-17 FINAL Rs.9.00 per share(900%)Final Dividend

Vedant Fashions MF Shareholding

Name Amount(cr)
SBI Equity Hybrid Fund Regular Payout Inc Dist cum Cap Wdrl 59,302
Kotak Emerging Equity Scheme Growth 33,700
Aditya Birla Sun Life Frontline Equity Fund Growth 23,003
Axis Midcap Fund Growth 21,962
SBI Small Cap Fund Regular Plan Growth 21,140

Vedant Fashions FAQs

What is Share Price of Vedant Fashions ?

Vedant Fashions share price is ₹1,391 As on 02 December, 2023 | 20:41

What is the Market Cap of Vedant Fashions ?

The Market Cap of Vedant Fashions is ₹33794.7 Cr As on 02 December, 2023 | 20:41

What is the P/E ratio of Vedant Fashions ?

The P/E ratio of Vedant Fashions is 84.5 As on 02 December, 2023 | 20:41

What is the PB ratio of Vedant Fashions ?

The PB ratio of Vedant Fashions is 24.1 As on 02 December, 2023 | 20:41

Q2FY23