Motilal Oswal Recommends 'BUY' on Metro Brands with Rs 1315 Target

• Motilal Oswal has reiterated a 'BUY' rating for Metro Brands (MBL).
• The revised target price for MBL is INR 1,315.
• MBL reported a strong 15% YoY revenue growth in Q3FY26, surpassing estimates.
• Growth was fueled by 11% YoY increase in in-store sales and 24% YoY growth in e-commerce.
• Metro Brands added 24 net new stores in Q3, including value format Walkway and sports format MetroActiv.

Why It Matters: Motilal Oswal maintains a 'BUY' on Metro Brands, citing strong revenue growth and store expansion.