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Relaxo Footwears (RLXF IN)
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75
Analysis
Consumer Discretionary
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India
Relaxo Footwears Ltd. is the marketing company for Relaxo Group. The Group manufactures Hawai and lightweight chappals.
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bullish
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Relaxo Footwears
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03 Feb 2024 08:20
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Broker
Relaxo Footwears Ltd. - SEEING GRADUAL RECOVERY; MAINTAIN BUY
The company’s revenue grew 5% YoY (15% volume growth to 4.7 Cr pairs) as realisation degrew by 7% on account of price cuts. This led to higher...
Axis Direct
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303 Views
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bullish
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Relaxo Footwears
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06 Nov 2023 19:43
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Broker
Relaxo Footwears Ltd. - Recovery on Cards; Maintain BUY
The company’s revenue grew 7% YoY as it regained its lost market share and posted strong growth in the open (peak season) with a volume growth of 23%.
Axis Direct
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208 Views
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bullish
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Relaxo Footwears
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26 Jul 2023 08:53
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Broker
Relaxo Footwears Ltd. - Recovery on Cards: Maintain BUY
Revenue grew 11% YoY as the company regained its lost market share and posted strong growth in open (peak season) and close footwear.
Axis Direct
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176 Views
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bullish
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Relaxo Footwears
•
16 May 2023 02:15
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Broker
Relaxo Footwear Ltd - Recovery on Cards: Upgrade to BUY
The Company’s Q4FY23 result was robust. Revenue grew 10% YoY (24% volume growth) as company regained the lost market share and strong growth in...
Axis Direct
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192 Views
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bullish
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Thematic (Sector/Industry)
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17 Apr 2024 07:34
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Broker
Consumer Discretionary - Soft Quarter, Green Shoots Visible in Value Fashion
Our discretionary universe is expected to grow by ~13.1% YoY in Q4FY24 (ex-jewellery: ~12%). Q4 is likely to be the last quarter contending with a...
HDFC Securities
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