Shares of Vedant Fashions Ltd, the parent company of ethnic wear brand Manyavar, rose 3.37% to ₹760.85 in early trade on May 7, recovering part of yesterday’s decline when the stock had dropped nearly 5% following its muted Q4 FY25 earnings.
Despite a weak quarter, investor sentiment appeared to stabilise today, with the stock rising by ₹24.80 from its previous close of ₹736.05.
Q4 FY25 Snapshot:
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EBITDA declined 5.3% YoY to ₹165.7 crore
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EBITDA margin contracted to 45% from 48%
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Revenue growth remained flat, while rising input costs weighed on profitability
Stock Performance & Market Data:
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Day Range: ₹731.00 – ₹762.60
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52-Week Range: ₹731.00 – ₹1,512.00
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Market Cap: ₹1,84,640 crore
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P/E Ratio: 45.89
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Dividend Yield: 1.12%
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Average Volume: 191.28K
Today’s uptick signals possible value buying at lower levels, with investors betting on the brand’s long-term market strength despite short-term margin pressures.
Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Please consult a financial advisor before making any investment decisions.
