Anand Rathi’s Varun Saboo is bullish on rate sensitives & has a potential multibagger in hand
Arvind Fashions is doing exceedingly well. Anand Rathi’s Varun Saboo does not see any concern related to Reliance entering into retail and that having any impact. The growth rates versus all other retail players, is also very impressive. This company has done some restructuring are going to turn net cash flow positive very soon. At six-seven times EV/EBITDA, there is nothing to lose here. This can be a potential multibagger.
