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.
JM Financial maintains 'Buy' on Aditya Birla Fashion & Retail with Rs 75 target (15.4% upside), citing Pantaloons momentum, sharper merchandising, lower losses at TCNS/Tasva/TMRW, and potential store expansion acceleration if operating trends sustain.
Why this matters
Bullish call lands days after Q4FY26 scorecard flagged a widening loss at ABFRL, suggesting brokers are looking past the print to Pantaloons-led recovery and easing losses at newer formats.
Retail-company coverage steady at 1,282 signals over 90 days.