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Arvind Ltd gained 2 per cent even as the NSE index fell 1 per cent on Friday morning.
Credit Suisse has initiated coverage on the stock and has set a call of “outperform”. It said that Arvind is a go-to partner for international brands.
It added that the scope for growth for large brands, better use of capital and assets should fuel its financials.
The stock has 10 buy and 2 hold ratings, according to Eikon data.
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