Opening book details…
Can I read PC Jeweller: Growth and Franchise Insights on EtoBox?
PC Jeweller: Growth and Franchise Insights by Sajid Flexwala is a document available to read on EtoBox.
What is PC Jeweller: Growth and Franchise Insights about?
PC Jeweller is confident it can grow its domestic jewelry retail business at a CAGR of 25-30% over the next five years. Its franchise model is working well and franchise stores will account for about 80% of new store openings. PC Jeweller believes it can take market share from unorganized players due to its strengths in design and low-cost manufacturing. The analyst maintains a Buy rating on PC Jeweller with a target price of INR645, valuing the company at 29x estimated 2018 earnings per share.
- Author
- Sajid Flexwala
- Language
- EN