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โข Arvind Fashions delivered strong Q2FY24 performance with a 7% YoY increase in revenues and a 19% YoY increase in profit.
โข The company's EBITDA also grew by 11% YoY, leading to a 50 bps expansion in EBITDA margin.
โข Analysts have initiated coverage on the stock with a 'buy' call and a target price of Rs 515 per share.