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Relaxo Footwears may be better placed to ride the covid downturn

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Bloomberg data. For Bata, it stands at 41 times. Relaxo has also delivered better revenue growth. In the past three years, its revenue grew at a compounded annual growth rate of 14%, while Bata India grew 7%.Besides, some analysts said its product portfolio is better placed to ride the downturn. “We believe that, in the light of expected down-trading, Relaxo has a better product offering at the bottom of the pyramid compared to other players such as Bata," said Dolat Capital Market Pvt.

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COVID-19
United States
United States
Cases: 46 252 513
Deaths: 750 423
Recovered: 0
India
India
Cases: 34 321 025
Deaths: 459 652
Recovered: 0
Brazil
Brazil
Cases: 21 835 785
Deaths: 608 235
Recovered: 0
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United Kingdom
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Deaths: 141 607
Recovered: 0
Russia
Russia
Cases: 8 494 589
Deaths: 237 619
Recovered: 0
Detail statistic
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Covid-19.rehab - the latest news concerning the spread of the SARS-CoV-2 coronavirus (formerly 2019-nCoV), as well as the infectious disease that it causes COVID-19, in separate countries and in the world as a whole. Current news on the topic of coronavirus SARS-CoV-2. Quarantine, pandemic 2020, epidemic: what is it, when will it come to end, precautions and how to protect yourself from this disease. The most honest news, no fakes! To keep up with the latest news, stay tuned for updates on the site! Every day we will collect news and statistics on coronavirus from around the world for you to be aware of this topic.

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