Arvind Fashions Stock Check: Should you buy the retail stock this festive season? A fundamental & technical analysis
Retail stock Arvind Fashions has been on an impressive run lately, catching the eye of investors with its remarkable performance. Over the past year, the retail stock has surged by more than 81%. In 2024 so far, it has climbed nearly 46%, delivering positive returns in six out of the ten months this year.
In October, the stock has risen 1 per cent so far, extending its gains for the third consecutive month. It climbed over 11 per cent in September and 4 per cent in August. Before that, the stock witnessed volatility as it declined 1 per cent in July after an over 17 per cent rise in June, an 8.5 per cent fall in May and a 6 per cent gain in April. It corrected 1 per cent and 12.3 per cent in March and February, respectively but saw an…
