Motilal Oswal Initiates Coverage on Retail Stocks

Motilal Oswal, a brokerage house, has started covering two companies: Arvind Fashions and Vishal Mega Mart.

They gave both a 'Buy' rating, meaning they think the stocks will go up.

For Arvind Fashions, they think the stock could go up by 46% to reach Rs 725.

This is because Arvind Fashions has been focusing on their best brands and selling more than just clothes, like shoes and kids' wear.

They are also reducing their debt.

For Vishal Mega Mart, they think the stock could go up by 25% to reach Rs 170.

This is because Vishal Mega Mart sells a lot of their own brands, has loyal customers, and is expanding their stores and quick delivery services.

Both companies are making smart changes to make more money, which makes Motilal Oswal think they are good investments.