Aditya Birla Style and Retail Ltd., included within the yr 2007, is a Giant Cap firm (having a market cap of Rs 15770.16 Crore) working in Retail sector.
For the quarter ended 31-12-2020, the corporate reported a Consolidated gross sales of Rs 2076.19 Crore, up 101.94 % from final quarter Gross sales of Rs 1028.13 Crore and down -19.61 % from final yr identical quarter Gross sales of Rs 2582.74 Crore. Firm reported internet revenue after tax of Rs 58.44 Crore in newest quarter.
SUNTV trades at FY22E/FY23E P/E of 14x/14x. The brokerage rolls ahead valuation to FY23E, valuing it at FY23E P/E of 16x, to reach at Goal Worth of INR640.
Promoters held 59.8 per cent stake within the firm as of Dec 30, 2020, whereas FIIs held 6.8 per cent, DIIs 22.3 per cent and public and others 11.1 per cent.