Brokerages were positive on Aditya Birla Fashion & Retail (ABFRL) after the company reported improved operational performance in the January-March quarter (Q4FY24) despite widened net losses.
So far this year, the stock of this fashion and apparel store surged over 27 percent, outpacing 5 percent rise in the benchmark Nifty 50 index during the same period. Earlier, shares of ABFRL had hit 52-week high of Rs 297 apiece on May 28, 2024.
