Metro Brands falls 27.11% in 2026 as Elara keeps Buy
In short
Metro Brands has fallen 27.11% in 2026, but Elara Capital still has a Buy rating. It set a target price of ₹1,510 and expects FY27 second-quarter revenue and adjusted profit to grow.
This matters for investors watching the stock and Rekha Jhunjhunwala-linked holdings. The report also warns about valuation and possible margin pressure, but it does not say how the stock will move next.
What the reporting says
Metro Brands fell 27.11% in 2026, while Elara Capital kept a Buy rating and a target price of ₹1,510. The broker expects FY27 second-quarter revenue and adjusted profit to grow, but also warned about valuation and possible margin pressure. The stock’s weakness may continue, and the reporting does not state whether the target implies upside from the current price.
Why it matters
Metro Brands has declined 27.11% in 2026, according to the summary, even as Elara Capital maintained a Buy rating and a ₹1,510 target. The brokerage expects FY27 second-quarter revenue and adjusted profit growth, but also flagged valuation concerns and possible margin pressure. This is relevant for investors in the consumer retail stock, though the reporting does not give the current share price or a fresh earnings outcome.