Shailesh Chaturvedi, MD & CEO of Arvind Fashions, discusses the company’s strong performance in the offline channel, weak consumer sentiment during Diwali, margin improvement due to premiumisation, and the company’s strategy for profitable growth to achieve a ROCE target of 20%. He is also confident that margin will sustain at the current level of 53.3% which is a sharp nearly 480 basis point improvement.
Stocks to buy today: Lemon Tree, Piramal Pharma among top 5 trading ideas for 2 April 2025
The Indian stock market is set to consolidate amid muted global cues. Nifty futures closed 1.39% lower at 23,308, while India VIX surged 9%. Experts