Relaxo Footwears Latest Report Buy Top Stocks for Today

Shares of footwear companies rallied by up to 8% on the BSE on back of heavy volumes on expectation of an incentive package for leather sector in the forthcoming Budget. Relaxo Footwear, Liberty Shoes, Lawreshwar Polymers and Super house were up more than 5% each, while Bata India, Start up Industries and Mirza International were up 3%.

The government is expected to announce an incentive package for labour intensive leather sector in the forthcoming Budget with a view to give a boost to the segment and generate jobs.

Advice : Holding Investor,s Can Buy Relaxo Foot wears at around 420 targets 435, 450 Stop loss 397.

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