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Market expert Ambareesh Baliga expects this textile stock to do well

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Market expert Ambareesh Baliga expects this textile stock to do well

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If Arvind Fashions is able to cash on this festive season and increase the sales, at current valuation of 14 times EV/EBITDA, this stock can go to levels of about Rs 190 or so, said Ambareesh Baliga, independent market expert, in an interview to CNBC-TV18.

If Arvind Fashions is able to cash on this festive season and increase the sales, at current valuation of 14 times EV/EBITDA, this stock can go to levels of about Rs 190 or so, said Ambareesh Baliga, independent market expert, in an interview to CNBC-TV18.

Watch video to know Ambareesh Baliga’s views on Vedanta.
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