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Moderation in demand is where the shoe pinches for footwear majors

Notwithstanding lower growth rates recorded in the first quarter (Q1) of 2023-24 (FY24), which spanned from April to June, footwear stocks have seen some gains in the past two trading sessions. Bata India saw an increase of approximately 5 per cent, driven by positive expectations surrounding a potential tie-up in the sports/athleisure segment. This development is viewed favourably due to the segment s higher growth rates. ....

Andhra Pradesh , Relaxo Footwears , Kevin Shah , Akhil Parekh , Nirmal Bang Research , Jm Financial Research , Motilal Oswal Research , Nuvama Research , Khadim India , Bang Research , Metro Brands , Oswal Research , Centrum Broking , Business News , Usiness News India , Ndia Business News , Ndian Economy News , Ndian Financial News ,

Bata India posts first profit drop in two years on sluggish demand

Footwear maker Bata India reported its first drop in profit in eight quarters on Wednesday, as soft demand dragged its revenue growth to a nine-quarter low.. ....

Savio Dsouza , Relaxo Footwears , Biplob Kumar Das , Ambit Capital , Khadim India , Campus Activewear , Saviod Souza ,

Bata s Consolidated Profit Falls 10 5 To Rs 107 Cr In Q1

The company s consolidated profit fell 10.5 per cent to Rs 107 crore in the April-June quarter, while revenue from operations increased just 1.6 per cent to Rs 958 crore, , bata ....

Relaxo Footwears , Bata India , Ambit Capital , Khadim India , Campus Activewear ,

Vikas Ecotech bags fresh orders valued over Rs 200 million

The company in the statement further added that its Specialty Compounds and Chemicals business has been grown at a 30+% on a year-on-year basis for last 3 years post the Covid-19 crisis., Companies News, Times Now ....

Vikas Lifecares , Polycab India , Khadim India , Vikas Ecotech , Olectra Greentech , Specialty Polymer Rubber Compounds , Specialty Chemical Additives , Ecotech Limited , Specialty Compounds , Genesis Gas , Olectra Greentech Limited , Polycab India Limited , Khadim India Limited , Paragon Footwears , Exchange Filing , Ompanies News , Imes Now ,