Is relaxo an Indian company?

Is relaxo an Indian company?

Relaxo Footwears Limited is an Indian multinational footwear manufacturer based in New Delhi.

What does relaxo company do?

A Fortune 500 (India) company, synonymous with quality products & affordable prices,it manufactures slippers, sandals and sports & casual shoes. Its most popular brands – Relaxo, Sparx, Flite & Bahamas are a leader in their space.

Is relaxo and Flite same?

Brand Flite Flite is a sub-brand owned by Relaxo, which is a popular footwear company in India.

Is relaxo a good buy?

Analysts say the stock should continue the ongoing momentum on hopes of faster recovery on the back of its strong product portfolio and improved distribution reach. This is Relaxo Footwears. Brokerage firm Sharekhan has a ‘buy’ rating on Relaxo Footwears with a price target of Rs 825.

Who is the CEO of relaxo?

You can view name of Chairman, CEO, CFO, Management Team, Board of Directors and Key Executives of Relaxo Footwears Ltd….PREMARKET.

Management
Mukand Lal Dua Whole Time Director
Nikhil Dua Whole Time Director
Pankaj Shrimali Independent Director

What is the meaning of relaxo?

I stretch out or widen again; unloose, loosen, open; slacken; abate.

How do I get a relaxo franchise?

The initial investment is 30 lakh required from franchises. This includes store setup cost of 11 lakh, franchisee fee of 2 lakh and initial stock of 17 lakh. And the average store size is 1000 sq.

Is Sparx Indian?

Delhi-based Sparx, one of the leading footwear brands in the country, has been ranked 3rd ‘Most Trusted Footwear Brand’ in India in The Brand Trust Report – 2016.

Is relaxo a debt free company?

Importantly, Relaxo Footwears Limited (NSE:RELAXO) does carry debt.

Which is better relaxo or Bata?

So, looking at ROCE too, Bata India seems over-valued. On the other hand, ROCE of Relaxo Footwears in more and its P/E ratio is also less. In ROE too, Relaxo Footwears scores better than Bata India. The promoter holding of Relaxo Footwears is better than that of Bata India.

Who is the brand ambassador of Sparx?

Superstar Akshay Kumar
Brand Ambassador Superstar Akshay Kumar launched the high octane campaign for Sparx which shows him on a film set, inspiring a young person to realise his innate potential and take a bold step into the new by participating as his co -star in an action sequence during the shoot.

Who is the owner of Sparx company?

#74 Ramesh Kumar and Mukand Lal Dua The company is known for its affordable brands such as Sparx (sports shoes), Bahamas (flip flops) and Schoolmate (school shoes). Ramesh Kumar runs the company as managing director.

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