BQ Blue's special research section collates quality and in-depth equity and economy research reports from across India's top brokerages. These reports offer BloombergQuint's subscribers an opportunity to expand their understanding of companies, sectors and the economy.
Dolat Capital Report
Relaxo Footwear Ltd. is a leading player in the ‘value' segment enjoying a strong brand equity and robust product portfolio.
Despite stiff competition, nationwide lockdown and resultant economic challenges, Relaxo registered 5% and 29% growth in topline and net profit respectively in FY20.
We believe that with robust distribution network, strong in-house manufacturing capabilities, innovation and rising aspirational levels within target segment, Relaxo is well placed to navigate through the current challenging business conditions .
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