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.
September quarter sees rise in retail holdings of PSU stocks
In the quarter ending September 2024, retail investors increased their holdings in 40 out of 59 PSU stocks compared to the previous quarter. Since early
October 21, 2024