Arvind Fashions Shares Surge on Motilal Oswal's 114% Upside Forecast

• Motilal Oswal initiated coverage on Arvind Fashions with a 'Buy' rating and a price target of ₹725, projecting a 47% upside, with a bull case forecasting 114% upside.
• Arvind Fashions is a leading branded apparel company with a strong portfolio including US Polo Assn., Arrow, Tommy Hilfiger, and Calvin Klein.
• The company is transitioning to a profitable scale-up, focusing on five core power brands and expanding into adjacent categories, expecting 13% revenue CAGR (FY26-FY28) and 190 bps margin expansion.
• Post-Covid, Arvind Fashions executed a turnaround by exiting non-core businesses, surpassing pre-Covid revenue by FY25, and improving return on invested capital from 5% to 12%.

Why It Matters: Motilal Oswal projects 114% upside for Arvind Fashions, highlighting a major investment opportunity.