Metro Brands Ltd News

Metro Brands misses profit estimates as demand weakens before tax cuts

Metro's quarterly revenue grew about 11% to 6.51 billion rupees, helped by e-commerce sales that have grown 39% from a year ago

Metro Brands' growth promises hit by stretched valuations, say analysts

HDFC Securities, in a note dated September 30, maintained its 'Sell' recommendation, due to expensive valuations at 55x estimated September 2027 P/E.

Metro Brands' target price raised at PL Capital citing GST tailwinds

Channel checks indicated that July-August demand remained steady, in line with H2FY25 run-rate, but September saw moderation as consumers deferred purchases ahead of the GST decision

Footwear stocks cheer GST rejig; Bata, Campus, Metro Brands rally up 10%

The GST council in its meeting approved the proposal that footwear items up to ₹2,500 will be taxed at 5% while above ₹2,500 shall be taxed at 18%.

Bata India, Liberty, Campus slip up to 7%; why footwear stocks are falling?

Footwear stocks are under pressure as companies reported disappointing earnings for the quarter ended June 2025