Footwear shares rally upto 18% after Campus IPO opens for subscription

Khadim India surged 18% to Rs 274, while Liberty Shoes surged 13% to Rs 177.95, followed by Superhouse (11% to Rs 209) and Mirza International (6% to Rs 230).

Shares of footwear companies rallied upto 18 per cent on the BSE in Tuesday’s intra-day trade after an initial public offering (IPO) of Campus Activewear (Campus) opened for subscription today.

Among individual stocks, Khadim India surged 18 per cent to Rs 274, while Liberty Shoes surged 13 per cent to Rs 177.95, followed by Superhouse (11 per cent to Rs 209) and Mirza International (6 per cent to Rs 230). Bata India, Relaxo Footwears and Metro Brands were up 2-4 per cent. In comparison, at 11:15 am, the S&P BSE Sensex was up 1 per cent at 57,137 points.