TheScreener - Relaxo Footwears (RELAXO) RELAXO FOOTWEARS sees an upgrade to Slightly Positive due to a better fundamental star rating

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EUR 13.19 For Business Accounts Only

RELAXO FOOTWEARS sees an upgrade to Slightly Positive due to a better fundamental star rating

The general evaluation of RELAXO FOOTWEARS (IN), a company active in the Footwear industry, has been upgraded by the independent financial analyst theScreener with the addition of a star. Its fundamental valuation now shows 1 out of 4 possible stars while its market behaviour can be considered as defensive. theScreener believes that the additional star(s) merits the upgrade of its general evaluation to Slightly Positive. As of the analysis date March 4, 2022, the closing price was INR 1,163.75 and its potential was estimated at INR 1,438.79.

05/03/2022 1 EN

Underlying

Relaxo Footwears

Relaxo Footwears Limited. Relaxo Footwears Limited is engaged in the manufacturing and trading of footwear and related products. The principal activity of the Company is the manufacture of footwear made primarily of vulcanized or molded rubber and plastic. Its brands include Hawaii, Flite, Sparx, Schoolmate, Elena, Casualz and Bahamas. Under Hawaii brand, it offers its products in various categories, such as Hi-Fashion, including HF-34, HF-33 and HF-31, and Kids, including Hi Lite 03 (Kids) and HFK-04. It offers a range of Flite slippers that are manufactured using ethylene-vinyl acetate (EVA) technology. Under Flite brand, it offers its products in various categories, such as Flite EVA, including FL-259 and FL-249, and Flite Junior, including FI 1010 and FL 1009. Under Sparx brand, it offers its products in categories, such as Shoe, including SM-503 and SM-502, and Sandals, including S S-905 and S S-904. It has manufacturing facilities at Bahadurgarh (Haryana), Bhiwadi (Rajasthan) and Haridwar (Uttarakhand).

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INE131B01039 National Stock Exchange of India India

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TheScreener

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RELAXO FOOTWEARS sees an upgrade to Slightly Positive due to a better fundamental star rating

Empowering Investors

Relaxo Footwears: 1 director

Ford Equity International Rating and Forecast Report

AC ENERGY CORP increases its risk exposure and slightly lowers to Neutral

With a more favourable environment, VUKILE PROPERTY improves to Positive

An unfavourable environment weighs on ROYAL BAFOKENG PLATINUM, which sees a downgrade to Slightly Negative

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