Tag: Footwear
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Relaxo Footwears – A Value for Money Investment
Date: 4th Nov 2017 Industry: Footwear CMP: Rs. 581 P/E: 56.4 and P/B: 11.5 times Mid Cap: 7,003 crore mkt cap Advice: BUY with a target price of Rs. 905 by May 2019 We prefer this stock to an IPO open currently. Summary Overview: Relaxo Footwear is a firm into footwear products for over…
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Bata India has Happy Feet
————————————————————————————————————————————— Date: July 27, 2012 CMP: Rs 895 Large Cap – Market Cap 5,750 crores Advice: Buy systematically Target: 2 year target of 1258 Bata India is the largest manufacturer and marketer of footwear products in India. Riding the ‘consumption’ theme, the growth figures are impressive as FY11 sales at 1659 crores are up 15%,…
JainMatrix Investments 