Buy' Raymond Lifestyle On Multiple Growth Levers For 49% Upside
Posted: Fri Dec 27, 2024 10:38 am
Raymonds Lifestyle’s renewed focus on growth, along with working capital discipline, could lead to a valuation re-rating over the medium term, says Motilal Oswal.
Raymond Lifestyle has multiple growth drivers. It boasts legacy of established brands such as Park Avenue. However brands remain under-penetrated due to sluggish execution in past. Renewed focus on growth could lead to valuation re-rating. TP ₹3000 (+49%)
Raymond Lifestyle has multiple growth drivers. It boasts legacy of established brands such as Park Avenue. However brands remain under-penetrated due to sluggish execution in past. Renewed focus on growth could lead to valuation re-rating. TP ₹3000 (+49%)