Vedant Fashions Ltd

NSE
BUY

1W Return

1M Return

6M Return

1Y Return

3Y Return

Start SIP in Vedant Fashions Ltd
Stock Performance
52 Week Low - High
Today’s Low - High

Open

Prev. Close

Total Traded Value

View details of Market Depth
Fundamental

Market Cap (in crs)

Face Value

Turnover (in lacs)

Key Metrics
Qtr Change %
29.52% Gain from 52W Low
24
TTM PE Ratio
Above industry Median
67.3
Price to Book Ratio
High in industry
17.4
Dividend yield 1yr %
Market Leader
0.8
TTM PEG Ratio
PEG TTM is negative
-19.3
RSI
RSI Overbought
72.7
MFI
MFI Overbought
78

Vedant Fashions Ltd Key Financials

View more

*All values are in ₹ Cr.

*All values are in ₹ Cr.

*All values are in ₹ Cr.

*All values are in ₹ Cr.

Vedant Fashions Ltd shareholding Pattern

Promoter
75%
Foreign Institutions
8.1%
Mutual Funds
9.4%
Domestic Institutions
12.6%
Public
4.3%
Promoter
75%
Foreign Institutions
7.8%
Mutual Funds
10.3%
Domestic Institutions
13.7%
Public
3.6%
Promoter
75%
Foreign Institutions
6.7%
Mutual Funds
11.6%
Domestic Institutions
14.9%
Public
3.5%
Promoter
75%
Foreign Institutions
6.3%
Mutual Funds
12.8%
Domestic Institutions
15.6%
Public
3.2%
Promoter
84.9%
Foreign Institutions
3.4%
Mutual Funds
8.9%
Domestic Institutions
9.9%
Public
1.8%
Promoter
84.9%
Foreign Institutions
3.4%
Mutual Funds
8.6%
Domestic Institutions
9.7%
Public
2%

Vedant Fashions Ltd Technical Analysis

Moving Averages Analysis
Moving Averages Analysis
Current Price
Bullish Moving Averages
16
Bearish Moving Averages
0
5Day EMA
1,128.60
10Day EMA
1,103.60
12Day EMA
1,095.70
20Day EMA
1,070.70
26Day EMA
1,056.50
50Day EMA
1,027.70
100Day EMA
1,040.70
200Day EMA
1,096.80
5Day SMA
1,130.10
10Day SMA
1,094.90
20Day SMA
1,061.50
30Day SMA
1,039.60
50Day SMA
993.90
100Day SMA
988.00
150Day SMA
1,095.40
200Day SMA
1,144.80
Delivery & Volume
Resistance & Support
1,151.55
Pivot
Resistance
First Resistance
1,163.10
Second Resistance
1,178.55
Third Resistance
1,190.10
Support
First Support
1,136.10
Second support
1,124.55
Third Support
1,109.10
Relative Strength Index
72.73
Money Flow Index
77.95
MACD
39.20
MACD Signal
30.68
Average True Range
38.96
Average Directional Index
30.66
Rate of Change (21)
7.42
Rate of Change (125)
-16.61
Peer comparison
Compare
Company
Market Price
Market Cap
52W Low
52W High
Aditya Vision Ltd.
-
-
-
Ethos Ltd.
6167.97
1277.05
3044
Electronics Mart India Ltd.
9241.28
75.95
250
Landmark Cars Ltd.
2890.4
639
905
Credo Brands Marketing Ltd.
1122.3
145.2
324.8
Popular Vehicles and Services Ltd.
1813.28
199
296.55

Vedant Fashions Ltd Company background

Founded in: 2002
Vedant Fashions Ltd was originally incorporated as Vedant Fashions Private Limited at Kolkata on 24 May 2002. Pursuant to a takeover agreement dated 01 June 2002, the business of a proprietorship firm by the name of M/s Vedant Creation, which was being carried out by one of the individual Promoters the company namely Ravi Modi, was transferred to the Company as a going concern. Subsequently, the Company was converted into a public limited company, pursuant to the approval accorded by the Shareholders at their extraordinary general meeting held on 16 July 2021. Consequently, the name of the Company was changed to Vedant Fashions Limited on 25 August 2021.Vedanta Fashions is countrys largest manufacturer of Indian vending and ethnic wear for men. The company is primarily engaged in manufacturing and trading of readymade garments being mens ethnic wear such as sherwanis, indowestern, kurtas, suits etc. and womens ethnic wear such as lehanga, saree, suit, kurti etc and related accessories.The company markets its products under the brand name of Manyavar, Mohey, Mebaz, Twamev and Manthan. The MANYAVAR brand is a category leader in the branded Indian wedding and celebration wear market with a panIndia presence,The company offer a onestop destination with a widespectrum of product offerings for every celebratory occasion and aim to deliver an aristocratic yet seamless purchase experience to the customers through its aesthetic franchiseeowned exclusive brand stores.The company also focused in the womens Indian wedding and celebration wear market through its brand, Mohey, launched in 2015.On 16 December 2006,the company has allotted 5262800 equity shares of Rs 10 each as bonus shares to the shareholders in the ratio of 1:2.On 24 August 2017,the company has allotted 654237 equity shares of Rs 10 each at a premium of Rs 3429.12 per share to Rhine Holdings Limited on preferential basis.Pursuant to a shareholders resolution dated 22 November 2017, the Company subdivided its share capital by subdividing the face value of its equity shares from Rs 10 per equity share to Rs 2 per equity share. Accordingly, by virtue of such split, with effect from 22 November 2017.On 05 December 2017, the Company allotted 62557585 equity shares of Rs 2 each as Bonus Shares to the shareholders in the ratio of 1:1.In FY 201718, Rainbow Iron Steel Private Limited (Transferor) was amalgamated with the Company (Transferee) through the Scheme of Arrangement effective from 20 November 2018. On 21 December 2018, the Company made the allotment of 964,225 Equity Shares to Ravi Modi (HUF) and 8,678,025 Equity Shares to Ravi Modi Family Trust (acting through its trustee, Modi Fiduciary Services Private Limited), through Scheme of Amalgamation.During February 2022,the company came out with an Rs 3149.19crore public issue which was entirely an offer for sale(OFS) by promoters and investors.The IPO shares were allotted at the price of Rs 866 per share including a premium of Rs 865 per share.The allotted shares were listed on the BSE Ltd and National Stock Exchange of India Ltd(NSE) on 16 February 2022.As of, Mar 31, 2022, the Company had a retail footprint of 1.3 million square feet covering 583 EBOs (including shopinshops) spanning across 223 cities and towns in India, and 12 EBOs overseas across the United States, Canada, and the UAE.During FY 2223, the number of Exclusive Brand Outlets (EBOs), increased and as of March 2023, the Companys EBO area stoodat 1.47 million square feet, spanning 649 stores (including SIS) in 257 cities and towns globally. The national EBO footprint tallywas at 633 stores (including SIS), spread across 245 cities and towns.
Read More

Vedant Fashions Ltd FAQs

Vedant Fashions Ltd shares are currently priced at 1147.65 on NSE and 1144.5 on BSE as of 6/13/2024 12:00:00 AM. Please be aware that stock prices are subject to continuous fluctuations due to various factors.

The past 1-year return of Vedant Fashions Ltd [MANYAVAR] share was -13.09. The Vedant Fashions Ltd [MANYAVAR] share hit a 1-year low of Rs. 886.05 and a 1-year high of Rs. 1487.9.

The market cap of Vedant Fashions Ltd is Rs. 27873.58 Cr. as of 6/13/2024 12:00:00 AM.

The PE ratios of Vedant Fashions Ltd is 67.05 as of 6/13/2024 12:00:00 AM.

The PB ratios of Vedant Fashions Ltd is 17.4 as of 6/13/2024 12:00:00 AM

The Mutual Fund Shareholding was 9.37% at the end of 6/13/2024 12:00:00 AM.

You can easily buy Vedant Fashions Ltd shares in Kotak Securities by opening a demat account and getting the KYC documents verified online.

Open Demat Account
or Resume your Application
+91 -

personImage