Relaxo Footwears slips 4.45% after sharp rally
DSIJ Intelligence / 05 Jul 2017
Relaxo Footwears Limited is engaged in the manufacturing and trading of footwear and related products.
Relaxo Footwears slipped 4.45% at Rs 519.05 per share on BSE on Wednesday’s trade. The stock on previous session witnessed a sharp rally over 5%.
Relaxo Footwears Limited is engaged in the manufacturing and trading of footwear and related products.
footwear has been categorised into 2 tax slabs by the GST Council. Those priced below Rs 500 that will be taxed at 5%, and others will be taxed at 18%.
On NSE, the stock attracted a traded volume of 1,14,550 shares and a traded value of Rs 602.28 lakh.
Other peers like Liberty Shoes slipped 4.14% at Rs 189.80 per share, Mirza International slipped 2.17% at 164.85 per share and Bata India dipped 0.66% at Rs 571.80 per share on BSE on Wednesday’s trade.
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