Currency And Consumer ConfidenceA weak US dollar and deteriorating US consumer confidence are expected to limit the stock's performance.
Dependency RiskThe company is heavily dependent on Rolex, posing both a significant investment opportunity and a risk due to its supply-demand dynamics.
Profitability ChallengesProfitability was weak in the first half of FY25 due to stock buildup, adverse product mix, and fixed cost challenges, resulting in a lower EBIT margin compared to the previous year.