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This Article is From Mar 18, 2021

Lux Industries: A Branded Play, Merger To Augment Potential—Anand Rathi Initiates Coverage

Lux Industries: A Branded Play, Merger To Augment Potential—Anand Rathi Initiates Coverage
Leggings are displayed for sale.  (Photographer Patrick T. Fallon/Bloomberg).

BQ Blue's special research section collates quality and in-depth equity and economy research reports from across India's top brokerages, asset managers and research agencies. These reports offer BloombergQuint's subscribers an opportunity to expand their understanding of companies, sectors and the economy.

Anand Rathi Report

With its healthy growth trajectory, we are upbeat on Lux Industries Ltd.'s long-term growth prospects for its strong brand equity, long-standing operations in innerwear and new launches.

Its extension to casual wear and women's wear via the proposed merger would unlock synergies that would further propel growth.

Levering its expertise and superior product knowhow and intending to upgrade customers to premium products, it started focusing on increasing the proportion of premium products and launching higher average selling price brands and products.

Click on the attachment to read the full report:

DISCLAIMER

This report is authored by an external party. BloombergQuint does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of BloombergQuint.

Users have no license to copy, modify, or distribute the content without permission of the Original Owner.

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