{"id":134337,"date":"2024-09-24T17:26:16","date_gmt":"2024-09-24T11:56:16","guid":{"rendered":"https:\/\/tradebrains.in\/features\/?p=134337"},"modified":"2024-09-24T17:26:21","modified_gmt":"2024-09-24T11:56:21","slug":"stock-jumps-after-company-announces-to-enter-into-the-retail-markets","status":"publish","type":"post","link":"https:\/\/tradebrains.in\/features\/stock-jumps-after-company-announces-to-enter-into-the-retail-markets\/","title":{"rendered":"Stock jumps after company announces to enter into the retail markets"},"content":{"rendered":"<div class=\"trade-content_2\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-827890115\"><p><a href=\"https:\/\/tradebrains.in\/get\/telegram\/\"><img decoding=\"async\" class=\"alignnone wp-image-101992\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/01\/telegram-channel-300x119.png\" alt=\"\" width=\"148\" height=\"59\" \/><\/a> <a href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMN3Epgswxc--Aw?hl=en-IN&amp;gl=IN&amp;ceid=IN%3Aen\"><img decoding=\"async\" class=\"alignnone wp-image-123430\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png\" alt=\"follow-on-google-news\" width=\"222\" height=\"61\" srcset=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png 300w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-150x41.png 150w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news.png 468w\" sizes=\"(max-width: 222px) 100vw, 222px\" \/><\/a><\/p>\n<\/div><p>The shares of this micro-cap apparel brand rose 2.23% after the company announced its entry into retail segment.&nbsp;<\/p><div class=\"trade-content_7\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-296959448\"><!-- Composite Start --> \r\n <div id=\"M923760ScriptRootC1549812\"> \r\n <\/div> \r\n <script src=\"https:\/\/jsc.mgid.com\/t\/r\/tradebrains.in.1549812.js\" async> \r\n <\/script> \r\n <!-- Composite End --><\/div><h2 class=\"wp-block-heading has-medium-font-size\"><strong>Share price variations:&nbsp;<\/strong><\/h2><p>With a market capitalization of Rs. 62.72 crores, the shares of <strong><a href=\"https:\/\/portal.tradebrains.in\/stock\/544015\/standalone\" target=\"_blank\" rel=\"noreferrer noopener\">Mish Designs Limited<\/a> <\/strong>opened the trading session at Rs. 223 nearly matching the previous day&#8217;s close of Rs. 224 and went up to close at an intraday high of Rs. 229 up\u00a0<\/p><p>2.23% from the previous close. The stock has delivered impressive multibagger returns for its investors, rising over 106% in just six months.&nbsp;<\/p><h2 class=\"wp-block-heading has-medium-font-size\"><strong>Reason for Rise:&nbsp;<\/strong><\/h2><p>According to recent exchange filings, Mish Designs Limited plans to enter the retail market by opening 10 franchisee stores across India over the next year. The new stores will integrate advanced technologies, including Virtual Reality (VR) and Augmented Reality (AR) mirrors, aimed at enhancing the customer experience.&nbsp;<\/p><div class=\"trade-content_5\" id=\"trade-4094208128\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_2_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"7925020301\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div><h2 class=\"wp-block-heading has-medium-font-size\"><strong>Financial Performance:&nbsp;<\/strong><\/h2><p>For FY24 the company reported a net profit increase of 33.74% to Rs. 0.81 crores compared to Rs. 0.05 crores in FY23, while revenue from operations marked an increase by 18.47% to Rs. 13.15 crores from Rs. 11.1 crores in comparison to the same period.&nbsp;<\/p><h2 class=\"wp-block-heading has-medium-font-size\"><strong>Recent developments:&nbsp;<\/strong><\/h2><p>In August, the company announced its expansion into the European market through major platforms such as &#8216;About You,&#8217; the second-largest online retail platform in Europe, and &#8216;Inno,&#8217; a leading online marketplace.&nbsp;<\/p><h2 class=\"wp-block-heading\"><strong>About the company<\/strong><strong>:&nbsp;<\/strong><\/h2><p>Incorporated in 2017, Mish Designs Ltd is in the business of providing ladies garments. MDL processes fabrics into garments under the brand name Mish, Curves by Mish in India and exports to the United Arab Emirates under the brand name Zoey. With a 10,000 sq. ft. manufacturing unit Mish Designs Ltd has a presence in e-commerce platforms such as Myntra, Nykaa Fashion, Ajio, Tata Cliq, and Namshi.<\/p><blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p><strong>Written By<\/strong>: <strong>Joseph Pv\u00a0<\/strong><\/p><\/blockquote><h4 class=\"wp-block-heading has-medium-font-size\" id=\"h-disclaimer\"><strong>Disclaimer<\/strong><\/h4><div class=\"wp-block-image\"><figure class=\"aligncenter size-medium\"><img decoding=\"async\" width=\"300\" height=\"300\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/02\/warning-disclaimer-300x300.png\" alt=\"\" class=\"wp-image-26306\"\/><\/figure><\/div><p><strong>The views and investment tips expressed by investment experts\/broking houses\/rating agencies on <a href=\"http:\/\/tradebrains.in\/\">tradebrains.in<\/a> are their own, and not that of the website or its management. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. Dailyraven Technologies or the author are not liable for any losses caused as a result of the decision based on this article. Please consult your investment advisor before investing<\/strong>.<\/p><div class=\"trade-after-content\" id=\"trade-472639076\"><div id=\"taboola-below-article-thumbnails\"><\/div>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({\r\n    mode: 'alternating-thumbnails-a',\r\n    container: 'taboola-below-article-thumbnails',\r\n    placement: 'Below Article Thumbnails',\r\n    target_type: 'mix'\r\n  });\r\n<\/script>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({flush: true});\r\n<\/script><\/div>","protected":false},"excerpt":{"rendered":"<p>The shares of this micro-cap apparel brand rose 2.23% after the company announced its entry into retail segment.&nbsp; Share price variations:&nbsp; With a market capitalization of Rs. 62.72 crores, the shares of Mish Designs Limited opened the trading session at Rs. 223 nearly matching the previous day&#8217;s close of Rs. 224 and went up to [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":130747,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[31,1789],"tags":[22846,15402,15401,948,936,2597,21111],"class_list":["post-134337","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-trending-news","tag-mish-designs","tag-mish-designs-latest-news","tag-mish-designs-share-price","tag-stock-market","tag-stock-market-news","tag-stocks-to-watch","tag-why-is-mish-designs-share-price-increasing"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.5 (Yoast SEO v25.0) - 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