Arvind Fashions Ltd up by 20% Surge & Recent Financial Highlights | Espresso


Espresso shot of the day – Arvind Fashions Ltd up by 20 percent

July 22, 2021
Espresso shot of the day – Arvind Fashions Ltd up by 20 percent

ARVIND FASHIONS LTD 201.90 (+20.00%) BSE – INE955V01021 | 22ND JULY 2021

They are proud to be the most valuable lifestyle powerhouse that has redefined the retail and fashion industry in India. With a dynamic portfolio of over 27 leading global brands in India, they have something for everyone. From CEOs to the fashion-forward youth to value-conscious family, and from the experimental to the conventional dressers, their brands are for the India of today and tomorrow. Fuelling India’s booming fashion aspiration, they got denim to India and Flying Machine to your wardrobe. With Arrow, India’s first international brand, they raised the bar of excellence. Today, Arrow is the go-to formalwear of choice for everyone from the corporate honcho to the smart executive. Another of their power brand, US Polo Assn., has been one of the fastest brands to reach the 100 crore mark in India post its launch. India’s first mega retail brand, Megamart, was launched by them and has now reinvented itself to UNLIMITED. When it comes to fashion retail, they are the only company in India that straddles all formats. From 1,300 standalone stores to 5,000 departmental and multi-brand stores all across India, they are present everywhere. Their dominance in the fashion space is backed by an extremely efficient warehousing and distribution system. At Arvind Fashions, they are about the people. Their “Will Do” culture and cutting-edge HR practices attracts and retains the top talent in the country. This is also one of the reasons why they have been rated as the Retail Employer of Choice (Business Today – Best Companies to Work For, 2018). Customers and Consumers First is their philosophy and that is the reason why they are India’s first choice in fashion and retail since inception in 1931.

Recent Drivers

  • On July 22, 2021, Arvind Fashions Ltd. announced a divestment of the assets of “Unlimited” business to V-Mart Retail in an all-cash transaction for about Rs 150 crores. The company said it had decided to exit this business and to focus on growing the high-conviction focus brands.
  • On June 25, 2021, Flipkart also invested Rs 260 crores for a 27% stake in Arvind Fashions Ltd.’s subsidiary Arvind Youth Brands, which owns the Flying Machine brand. Through this investment, the Flipkart Group and Arvind Fashions will work collaboratively to identify opportunities and synergies to innovate and develop products with strong value propositions at attractive price points.
  • Arvind Fashions Ltd.’s consolidated net loss has narrowed to Rs 99.45 crores for the quarter ended Mar 2021. The company had reported a net loss of Rs 208.12 crores in the January-March quarter a year ago.
  • Revenue of Arvind Fashions Ltd. from operations went up by 14% to Rs 768.59 crores during the quarter under review as against Rs 673.31 crores in the corresponding quarter a year ago.
  • Also Read: KPI Green Energy LTD up by 10.75 percent
(Sources: The Economic Times, Livemint, Business Standard)

Technical Force*

  • S&P BSE 500 month till date gain up by 1.31%
  • Traded on new 52 week high value of 201.90
  • 3 months avg. volume of NSE: 8,61,244
  • Quantity traded: 4,67,873 | Deliverable quantity: 2,15,413 (46.04%)
  • Stock price has jumped more than 50% from one-year-low level: 117.2 (Sept 21, 2020)
  • Daily RSI (14) is in Overbought territory today
  • 52-week-high: 201.90 | 52-week-low: 117.12

Key Pivot  (Yearly)










Pivot Point










Fibonacci Pivot










Today’s Close




10 DAY


20 DAY


50 DAY


200 DAY


Some Key Ratios (Source: BSE)

Market Cap: 2,286.22 crores

PE: -32.14

OPM%: -26.32

ROE%: -3.31

Promoters holding%: 40.41

Prev. Close: 168.25

*Chart And Technical Force data taken from the Binge desktop app.

The scope and usability of this information/data is time-sensitive and market-based, and as such the same may become outdated for the investment decisions of clients, for which Sharekhan comtrade bears no responsibility. References to securities do not constitute a recommendation to buy, sell or hold such securities. The user assumes the entire risk of any use made of this information. Each recipient of this document should make such investigations as it deems necessary to arrive at an independent evaluation of an investment in the securities of companies referred to in this document and should consult his own advisors to determine the merits and risks of such an investment. Sharekhan Comtrade Private Limited is under no obligation to update the information in this document from time-to-time.

Chandresh Khona
by Chandresh Khona

Product Offerings Head

A teacher, writer, travel buff and now Espresso's Product Offerings Head. Ten years here has allowed me to lead the digital team at Sharekhan. My true passion lies in stock market charts.