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Relaxo Footwear

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  • Business

Moderation in demand is where the shoe pinches for footwear majors

Notwithstanding lower growth rates recorded in the first quarter (Q1) of 2023-24 (FY24), which spanned from April to June, footwear stocks have seen some gains in the past two trading sessions.......

After record store additions in Q3, Metro Brands' growth outperformance may continue

The country’s largest listed footwear brand by market capitalisation, Metro Brands, posted better than expected December quarter results for the 2022-23 financial year (FY23), riding on store......

India's richest club sees nine new entrants; Ambani still No 1

Half of the nation’s 100 richest saw gains rising a collective 14% to $517.5 billion, says Forbes. The Covid-19 pandemic may have hit India hard, but nine newcomers joined the ranks of......

Lockdown puts question mark over corporate results

Most listed corporate entities in the country are in a fix. With the sudden declaration in late March of a nationwide lockdown to tackle the Covid-19 pandemic, the final calculations of their......

Buoyant markets help promoters raise funds via stake sale

Institutional investors led by foreign portfolio investors have bought these shares. Illustration: Uttam Ghosh/Rediff.com Promoters of five companies - Bharti Infratel, Escorts, McLeod Russell......

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