Relaxo Footwears - Mr. Amarjeet Maurya- AVP - Mid Caps, Angel Broking Ltd

"Relaxo Footwears (RFL) is India's leading footwear manufacturing company (non-leather), with largest manufacturing capacity of 7.5 lakh pairs per day. RFL has more than 50,000 MBOs & 385 EBOs across India. Further, the company intends to strengthen its position in the southern and western regions where it has a thin presence. Post Covid-19, we expect RFL to recover fast on the revenue front due to low-ticket size products, strong brand and wide distribution network."

Shares of RELAXO FOOTWEARS LTD. was last trading in BSE at Rs.671.4 as compared to the previous close of Rs. 675.5. The total number of shares traded during the day was 24196 in over 2062 trades.

The stock hit an intraday high of Rs. 692.85 and intraday low of 660. The net turnover during the day was Rs. 16437032.

Source : Equity Bulls

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