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Relaxo Foundation adopts 32 Primary schools for Redevelopment and Concept Learning


Relaxo Foundation adopts 32 Primary schools for Redevelopment and Concept Learning
Posted On:
2021-03-09 09:02:16
(Time Zone: Arizona, USA)
Relaxo Foundation, the CSR arm of Relaxo Footwears Limited has signed an MoU with School Education Department of Haridwar District for redevelopment of the 32 primary school of Khanpur Block, Haridwar to develop them under Parivartan model school project in next 3 years. The MoU has been signed at Chief Minister s House, Dehradun in the presence of Mr. Trivendra Singh Rawat, Honourable Chief Minister of Uttarakhand.
The MoU was signed between Dr. Anand Bhardwaj, Chief Executive Officer, School Education Department of Haridwar District and Mr. Gambhir Agrawal, CSR Head, Relaxo Foundation along with Mr. Kumar Gaurav, CSR Officer-Relaxo Foundation. At the time of signing the MoU, Mr. Neeraj Khaiwal Additional Secretary to Chief Minister, Mr. C. Ravishankar District Collector Haridwar, Mr.V S Chaturvedi DEO, Mr. H.P. Vishw ....

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Buy Relaxo Footwears: Target Of Rs 930: Sharekhan


Buy Relaxo Footwears: target of Rs 930: Sharekhan
Sharekhan is bullish on Relaxo Footwears has recommended buy rating on the stock with a target price of Rs 930 in its research report dated December 31, 2020.
Broker Research
Sharekhan s research report on Relaxo Footwears
Unlike other retail or footwear companies, Relaxo’s business recovered faster (with revenues returned to 93% of pre-COVID levels in Q2), led by strong demand for open-ended value footwear products (contributed 80% revenues in H1). Volumes and realisations clocked CAGRs of 10% and 3% over FY2017-20. Sustained innovation, focus on improving penetration in southern and western India and shift to branded products will aid sustained volume growth. A better mix led by strong traction in premium products will drive realisations. OPM improved to 17% in FY2020 from 14% in FY2017. We expect margins to keep rising in the coming years with higher sales volume and ....

Relaxo Footwears , Relaxo Footwears Limited , ரிலாக்ஸோ பாதணிகள் , ரிலாக்ஸோ பாதணிகள் வரையறுக்கப்பட்டவை ,