Is Relaxo Footwear Back On Track

Relaxo Footwear reported strong September Quarter 2023 results supported by strong double-digit volume growth. After underperforming in FY23, Relaxo is back on stable footing in FY24 reporting strong performance over the past three quarters. Strong performance was supported by market share gains, liquidation of high-cost old inventory and stabilization of raw material prices. Highly impacted […]

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