Kotak Securities Upgrades Campus Activewear to Buy, Sets Target Price of ₹310 Amid Earnings Beat
Kotak Securities has upgraded Campus Activewear to a Buy rating with a target price of ₹310, driven by an all-round earnings beat. The company has implemented price hikes across its portfolio to counter raw material and labour inflation. Despite the upgrade, Kotak Securities trimmed its EPS estimates by 2–10% to reflect continued input cost pressure.
Campus Activewear Reports Q4 EBITDA Growth and Improved Margins
Campus Activewear, a leading Indian footwear manufacturer, has released its Q4 financial results showing improved performance. EBITDA increased by 11.74% year-over-year to ₹714.00 crore, with the EBITDA margin slightly improving to 17.61%. Standalone net profit rose by 7.03% to ₹350.00 crore. The company demonstrated resilience in a challenging market environment, focusing on operational efficiency and profitability.
06Mar 25
Campus Activewear Sees Major Block Trade on BSE
Campus Activewear experienced a significant block trade on the Bombay Stock Exchange during the pre-open session. Approximately 5 million shares were traded at Rs 258.5 per share, totaling Rs 129.25 crore. This large transaction could potentially impact the stock's trading pattern and may indicate strategic moves by institutional investors or major shareholders.