Relaxo gave better returns in 2019 but brokerages prefer Bata India. Here's why
Updated : December 26, 2019 06:24 AM IST
In terms of year-to-date returns, rival Relaxo Footwear has outperformed Bata India, surging 68 percent, while the latter climbed 52 percent.
In Q2FY20, Bata India reported sales growth of 7 percent year-on-year (YoY).
Relaxo Footwear remained a step ahead by reporting sales growth of 14 percent YoY.
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