Vedant Fashions faces rating cuts after Q1 nos on punchy valuations

Vedant Fashions faces rating cuts after Q1 nos on punchy valuations

Recent debutant has seen a host of brokerages slashing their ratings on the stock post its otherwise reasonable set of numbers, citing expensive valuations that leave little on the table. On Wednesday, the scrip plunged 9.03 per cent to hit a low of Rs 1,180 over its previous day’s close of Rs 1,297.20 Punchy valuations … Read more