Key Points
Relaxo Footwear, which makes slippers and other footwear products, has seen a remarkable rally in the last decade or so, rising as much as 1,200% in just 10 years...
Accordingly, if an investor had invested Rs 10,000 in the stock four years ago and stayed put, the investment would have jumped to 1.2 lakh, according to an analysis by ET Markets...
However, in the recent past, the stock rally faded away to an extent and returned 13% to investors in the last six months..
Incorporated in 1984, Relaxo is a leading footwear manufacturer in India and is ranked among the top 500 most valuable companies..
Relaxo, an iconic brand synonymous with rubber slippers, is the most versatile footwear for all segments of society while Flite offers a popular range of fashionable and semi-formal slippers...
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