HDFC Securities maintained its DCF-based target price of ₹1,080 per share and upgraded to Buy from Add
The buying on the counter came after Metro Brands reported healthy December quarter (Q3FY26) results on Wednesday, after market hours.
Metro Brands reported 15 per cent revenue growth in Q3FY26, driven by strong festive and wedding season demand, supported by a reduction in GST on footwear priced below ₹2,500.