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RELAXO FOOTWEARS RESULTS
Metro Brands Q2 Results: PAT at Rs 69.55 crore on high expenses, weak demand, misses estimatesIndian footwear retailer Metro Brands missed second-quarter profit estimates on Wednesday, as higher expenses weighed on muted sales growth.- Bata India Q2 Results: Profit slides 38% on one-time chargeThe footwear maker said its consolidated profit fell to 339.9 million rupees ($4.1 million) in the July-September quarter, from 548.2 milli...
- With Sensex above 65000-mark, brokerages are betting on these 30 stocks for high returnsMost money managers believe that the current rally in the Indian stock market has more legs as valuations are reasonable. Axis Securities a...
- Still not ready to move into Reliance & Nykaa but going strong on Relaxo: Saurabh Mukherjea“We continue to be impressed by how they are executing on the telecom opportunity. Till five-six years ago, this was not a telecom company....
- Relaxo Footwears drops 7%, hits 52-week low on weak Q2 resultsThe company’s EBITDA was at Rs 59 crore as against Rs 117 crore in the corresponding period of the previous year. "EBITDA was under pressur...
- Relaxo Footwears tanks 10% after muted earnings in March quarterThe shoe manufacturer reported a net profit of Rs 62.93 crore for the fourth quarter ended March 2022. It had posted a net profit of Rs 102...
- Corporate Radar: Jhunjhunwala-promoted company to go ex-dividend, AGMs & moreShares of Thyrocare Technologies and Rakesh Jhunjhunwala- promoted Aptech will become ex-dividend today. Thyrocare had announced a dividend...
- How Relaxo is ready to steal a march on peers as footwear market growsIn FY21, Covid-19 restrictions severely impacted sales of footwear companies. But Relaxo’s sales declined just 2.13 per cent; it was more f...
- Relaxo Footwears Q1 results: Net profit up 27.8% to Rs 30.96 crRelaxo Footwears' total expenses were at Rs 462.15 crore, up 36.67 per cent compared to April-June 2020.
- Relaxo Footwears Q4 results: Profit jumps 97% to Rs 102.17 croreThe company's revenue from operations went up by 38.3 per cent at Rs 747.68 crore during the period under review as against Rs 540.58 crore...
- Relaxo Footwears Q2 results: Profit up 6.5% at Rs 75 croreIts revenue from operations was down 7.38 per cent to Rs 575.87 crore during the period under review as against Rs 621.77 crore in the corr...
- Why this Sharekhan analyst is bullish on jewellery and footwear stocksTitan Q3 should be better. Q2 can be considered as an aberration in terms of performance.
- GST rate cut to bring renewed interest in beneficiary stocksET takes a look at the outlook for beneficiaries of the reduction in the rates.
- Fortis Healthcare, Manpasand Beverages and IDBI Bank among top stocks to track todayHere is a list of top stocks that are likely to be in focus in today's trading session:
- Rs 2600 crore incentive package for leather sector likely soonThe package has already been approved by the expenditure finance committee and a draft cabinet note has been circulated to different minist...
- Rs 4,000 crore incentive package for leather sector likely in JulyAs per industry experts, Rs 1 crore investment in the sector results in creation of jobs for about 250 people. Currently about 30 lakh peop...
- Govt may announce package for leather sector in BudgetThe commerce and industry ministry has asked its finance counterpart to give financial assistance for the Indian Leather Development Progra...
- Crocs sues Bata, others for design infringementCrocs, which filed the cases in the district courts of Delhi, has obtained interim reliefs of injunction. Most of the cases have now been t...
- Top eleven stock picks by SharekhanSharekhan has made two changes in its top picks basket of 11 stocks by replacing IRB Infrastructure and Mcleod Russel by Mahindra & Mahindr...
- HDFC Securities rates Relaxo Footwear a 'buy'HDFC Securities has rated Relaxo Footwear a ‘buy’, citing a likely rerating of the stock as the key trigger.
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