Tuesday, July 4, 2023

TCNS Clothing - Attractive Valuations


 

W is a part of the fashion conglomerate TCNS CLOTHING CO. LIMITED which has successfully launched and scaled up many brands and product innovations for Indian women. The Company is listed on stock exchanges BSE and NSE and is governed by a professional board and managed by an experienced and professional team.

W is a premium fusion wear brand, which merges Indian and western sensibilities with an emphasis on distinctive design and styling. 

About W Woman

Being a W woman is all about being passionate, professional, visionary, a commoner, achiever, homemaker, and thinker while adorning multiple more hats.

Collection at W

Company collection includes different styles of top-wear, bottom-wear, drapes, suit-sets, and accessories that cater to a wide variety of the wardrobe requirements of the Indian woman.

We made fits fitter

India does not have a standard size NF chart and to address this, we did one of the first Anthropometric studies in 2002, a complete body measurement to create a range of smarter and perfect fits.

The right fit is priceless and we want the perfect look for every woman!

Fashion-forward

To get on with the ever-changing fashion priorities of Indian women, we offer new styles and designs every season categorized for spring-summer, monsoon-festive & winter seasons. Taking inspiration from the latest International trends and adapting it as per the local palate, W designers are always on the go to add new silhouettes and styles acceptable to the modern Indian woman.

What’s trending?

With a wide range of trending top-wear, bottom-wear, and coordinates, you can create your unique look. And not just that, W’s latest collection comprises an array of pastel shades, white-on-white, fresh designs, patterns, and silhouettes. 

TCNS is a fashion conscious and comprise the range of sustainable apparel, i.e. Livaeco range. In the range, you will find ample options in top-wear and sets, which are not just comfortable but environment friendly as well.

TCNS introduced a new collection i.e. Folksong stories by W, which at core hinges upon the beauty of Indian crafts. The collection is the perfect blend of Indian tradition and the modern age design language. You can experience the beauty of hand block print, Ajrakh print, chikankari work, cotton silk, jacquard, Kantha embroidery, and much more.

To complete the wardrobe, introduced the ‘Western Wear’ range. It is a new style statement that the W woman can experience and uplift their style game. The range includes, short to ankle-length dresses, tiered to peplum tops, shirts, bottom-wear, and much more.

Merger with ABFRL

After the 51 percent acquisition, TCNS will be amalgamated with ABFRL under the merger scheme and public shareholders of TCNS will receive 11 shares of ABFRL for every 6 shares that they hold in TCNS

https://wforwoman.com/

Current Market Price - Rs.411

Year High - 721

Year Low - 391

Returns -

1 month - minus 1.85%

6 months - minus 21%

1 year - minus 23%

Long term investors should use the current low price buy on declines. 

Scrip is only for those who can wait patiently for 2-3 years not for short term investors at all.

Date 4 July 2023


This post is bought to you by Smart Investors - Indias Most Knowledgeable Equity Researchers.


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