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Ideas for Profit | Relaxo Footwears: Is the current market weakness an opportunity to buy the stock?

Relaxo Footwears’ volumes dropped last fiscal owing to a steep increase in raw material prices, GST rate increase as well as channel destocking. However, MC Pro expects Relaxo’s margins to improve in FY23. Watch the video to find out why investors should utilise market weakness to add the stock in the portfolio.

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