Plan to open 26 retail stores in Mumbai: Ashapura Fashion

Written By Unknown on Senin, 13 April 2015 | 23.25

Ashapura Intimates Fashion plans to open 26 retail stores in Mumbai and would require capex of Rs 7-8 crore for that, says CMD, Harshad Thakkar.

Harshad Thakkar, CMD,  Ashapura Intimates Fashion in an interview to CNBC-TV18 spoke about the outlook for the company going forward.

The company plans to open 26 retail stores in Mumbai and would require capex of Rs 7-8 crore for that. They have also plan to launch an online virtual store by next month.

Ashapura Intima stock price

On April 13, 2015, Ashapura Intimates Fashion closed at Rs 208.50, up Rs 34.70, or 19.97 percent. The 52-week high of the share was Rs 208.50 and the 52-week low was Rs 118.50.


The company's trailing 12-month (TTM) EPS was at Rs 0.00 per share as per the quarter ended April 2015. The stock's price-to-earnings (P/E) ratio was 0. The latest book value of the company is Rs 22.02 per share. At current value, the price-to-book value of the company is 9.47.


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