Tag Archives: Fashions;

Future Lifestyle Fashions rises 2% on increasing FPI investment limit

Shares of Future Lifestyle Fashions added 2.7 percent intraday Monday after increasing FPIs investment limit. The company has increased the Foreign Portfolio Investors (FPIs) investment limit from 24 percent to 49 percent of the paid-up capital of the company. At 10:13 hrs Future Lifestyle Fashions was quoting at Rs 398.10, up Rs 9.15, or 2.35 percent.  The share touched its 52-week high ... Read More »

Buy Future Lifestyle Fashions; target of Rs 416: Edelweiss

Edelweiss’ research report on Future Lifestyle Fashions Future Lifestyle Fashions (FLF) is an integrated play on brands (30 owned,licensed and investee) and retail presence (>5.4mn sq ft). This integrated model had ensured strong SSSG (16.4% in FY17) and outperformance. We expect ~12% SSSG to sustain over the next 2 years driven by: 1) scale up of retail channels across segments – ... Read More »