 "Leather shares in focus; Relaxo Footwear, Liberty Shoes up over 5%")
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 Superhouse were up more than 5% each, while Bata India, Sarup Industries and Mirza International were up 3% each on the BSE, as compared to 0.33% rise in the S&P BSE Sensex at 10:38 am.
“The government is expected to announce an incentive package for labour intensive leather sector in the forthcoming Budget ith a view to give a boost to the segment and generate jobs,” the PTI report suggests. CLICK HERE TO READ FULL REPORT.
Relaxo Footwear, Liberty Shoes, Lawreshwar Polymers and Superhouse were up more than 5% each, while Bata India, Sarup Industries and Mirza International were up 3% each on the BSE, as compared to 0.33% rise in the S&P BSE Sensex at 10:38 am.
“The government is expected to announce an incentive package for labour intensive leather sector in the forthcoming Budget ith a view to give a boost to the segment and generate jobs,” the PTI report suggests. CLICK HERE TO READ FULL REPORT.
| COMPANY | LATEST | PREV CLOSE | GAIN(%) | VOLUME |
| RELAXO FOOTWEAR | 435.10 | 403.10 | 7.94 | 30240 |
| LAWRESHWAR POLY. | 41.50 | 39.05 | 6.27 | 18640 |
| LIBERTY SHOES | 187.20 | 177.15 | 5.67 | 187038 |
| SUPERHOUSE LTD | 175.45 | 166.75 | 5.22 | 28620 |
| SARUP INDUSTRIES | 67.00 | 65.05 | 3.00 | 250 |
| MIRZA INTERNATIO | 98.45 | 95.75 | 2.82 | 390866 |
| BATA INDIA | 489.45 | 476.25 | 2.77 | 123185 |
| SUPER TANNERY | 5.15 | 5.05 | 1.98 | 155675 |
One subscription. Two world-class reads.
Already subscribed? Log in
Subscribe to read the full story →*Subscribe to Business Standard digital and get complimentary access to The New York Times
Smart Quarterly
₹900
3 Months
₹300/Month
SAVE 25%
Smart Essential
₹2,700
1 Year
₹225/Month
SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months
Super Saver
₹3,900
2 Years
₹162/Month
Subscribe
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
SAVE 25%