JM Financial backs Aditya Birla Fashion with Rs 75 target, 15% upside on Pantaloons momentum
Buy rating cites sharper merchandising at Pantaloons, narrowing losses at TCNS, Tasva and TMRW, and potential store expansion acceleration if operating trends hold. Pricing power supported by 5-8% hikes against 3-4% inflation through FY27.
What happened
Aditya Birla Fashion and Retail (ABFRL) · JM Financial maintains 'Buy' on Aditya Birla Fashion & Retail with Rs 75 target (15.4% upside), citing Pantaloons
Key facts
- Target Rs 75
- 15.4% upside
- inflation 3-4%
- price hike 5-8%
Why this matters
Loss-narrowing trajectory at TCNS, Tasva and TMRW could reframe portfolio rationalization options or bolt-on opportunities as ABFRL stabilizes its multi-format apparel architecture.