India's Arvind Fashions jumps on strong quarterly results

ARVIND FASHIONS

29/07/2025 05:49

** Shares of Arvind Fashions ARVF.NS rise 8% to 540.5 rupees, their highest level since late-December

** Co, which retails Calvin Klein and Tommy Hilfiger brands in India, posted a 20% y/y rise in first-quarter core profit, as new store openings and a focus on higher-priced apparel helped

** About 1.2 million shares traded, 3x the 30-day avg

** Stock rated "strong buy" on avg, median PT at 672 rupees - data compiled by LSEG

** Year-to-date, stock up ~5%

 (Reporting by Manvi Pant in Bengaluru)

 ((Manvi.Pant@thomsonreuters.com; +918447554364;))