Brilliant analysis Gaurav Sir. I subscribe to the Marcellus newsletter and even that didn't explain the sale decision/stock price correction this well. I'm a shareholder as well, so this really helps. Dhanyawaad 🙌🏽
@@dm5665 great decision buddy! i'm a chartist, relaxo ka chart around around june 2024 takk correction me hai, ek chotta bounce aaega aur fir asli correction chalu hogi.
@@ramajeesingh4276 Relaxo is a low cost business, India is a status-driven society, where crocs/flipflop will sell more and generate profit. so better to stick to a status-driven company like Metro brand. It will be the next titan of the Shoe brand.
Sir all reasons you said are valid. But surely biggest reason is the exit of Marcellus. When someone like Saurabh Mukherjea who has praised the business model, competitive advantage and clean accounting of this company for last 3 years suddenly exits, there is a loss of conviction...
Raising of GST for poor men footwear impacted largely. And RELAXO is no exception. Post COVID situation has impacted the industry. They may comeback with good margin if some relaxation is given in GST in coming budget.
BAAP investors are getting butchered black and blue like Relaxo, Naukri, Jubiliant Foodworks, Lal Path Lab, Dmart etc. Don't do BAAP investing. Look at returns of marcellus pms who were promoting BAAP investing but now they have also exit Relaxo. Chappal chipkakar topi pehna gye😂😂😆😆🤣🤣
One investor exit despite dancing with relaxo slipper till last 10 days, and suddenly all its fundamental washed out 🤣.this shows his investment mindset, 2nd thing relaxo peers fall more then relaxo in very very less days. See campus fall 50% just in one two month. If it's peers can do 1% relaxo can do 20% because of market leadership and free cash in hand. Suddenly all people started moving out after covid bit relaxo giving return more then 10 years. I don't understand why you people don't see its peers whole sector fallen down not only relaxo. Just wait relaxo will show it's power one day. No one even stand near relaxo if relaxo can make slipper they can also make good quality shoes too,good analysis sir 👍👌👌
Sir, Kindly, make a video on Asian Granito, Company trading below 1/3 rd of sales, Company trading below 1/3 rd of net worth, Company trading below 1/2 of book value, 40%of shareholding in strong hands,
If Maruti starts to manufacture premium competitor to Mercedes BMW will the sedan, SUVs sell ? ..it will fell flat and has fallen .. similar a product company niche and monopoly should strength their most. . buy out and do acquisitions, grow inorganically, should go on cost measures and not cut on quality ,should optimise network and go into capital perseveration simultaneously.. i.e. spend judiciously.. all this is easier said than done
Sir relaxo ka minimum price rs150 he slippers ka, and main mot of relaxo ka uski durability special north india and metro cities mai bahut demand rehti like delhi, mumbai but in smaller town and southern, western India it has less demand so relaxo ki pakad complete Indian market Mai kahi Kam aur kahi jyada he
a big sale is existing in current market then why to think about such highly competitive business company which has such a number of challenges...not necessary if one stock which performed well in past, we keep on watching it for lifetime and don't search for a better one
Gst is not new for them. In fact small retailers can gain from input. They should have rubber plantation agri land to stay ahead also they can offer rubber to competitor n make common end users spend reasonable.
Hi Gaurav , but they do have an array of formal shoe ware for men. I think it because of the large sell off of some major players in the market. Please share your view for further understand if possible. regards.
My advice will be to do more indepth analysis as there are different reasons for this. For your information Relaxo makes premium items like Sports shoes in the name of Sparx brand and besides this it has got almost 400 exclusive retail outlets as well.
Sir jai Hind and namaste sada vatsale matrubhumi. I think MD of Relaxo and it's full management team is highly clueless & inefficient on how to tackle with rising inflation and crashing of demand of its products.
Sir, a company in the same sector is Mirza international, having very good finanacial ratios and valuation as well. Their brand red tape is doing good in online market. Would be glad to have a comparison of it along with it's market leaders.
Koi Baat nahi in sab price ka har company par padega.... Relaxo wale campus nahi buy karenge Laut kar fir relaxo par aa jayenge Relaxo ka price bada dene chahiye...
I am also very disappointed by gland pharma but I see DII'S are heavily buying gland pharma so I wonder what they know extra that we retailers don't 🤔🤔
This is not time to sell leader company at 52 week low. No sense if you don't want to invest more at least wait for few month just forget you have this stock. You will definitely see changes. Quality manangent quality product ,even promoter is increasing it's stake so believe in promoter and management who given consistent Compounder over long Period. Never book loss in leader company if company became Market leader it means their is something in its management and product. New investor invested in high valuation after covid so every company have to reach it's real valuation one day .
