MIDF Research pointed out that Padini’s valuation has turned increasingly attractive, with the counter trading at an undemanding financial year 2025 forecast price-earnings ratio of 10.6 times.

As at July 31, the homegrown fashion retailer has an issued share capital of RM69.56 million comprising 657.91 million shares. In a stock exchange filing, Padini said its share price adjusted for ...

KUALA LUMPUR (Aug 28): Shares of Padini Holdings Bhd’s (KL:PADINI) fell on Wednesday to their lowest in more than a year, after the apparel company reported weaker-than-expected quarterly results.

BIMB Research upgraded Padini to a “buy” from a “sell” with a higher target price of RM2.20 from RM1.73, factoring in the group’s lower operational costs.