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Centrum Broking believes footwear industry a long-term structural story, sees 16% upside in Relaxo

Centrum Broking believes footwear industry a long-term structural story, sees 16% upside in Relaxo

Sun, Apr 03, 2022

India’s per capita footwear at 1.9x is well below the global per capita of 3x and developed countries (US, UK) per capita of 7x, the brokerage firm said.

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