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Relaxo or Bata? Which stock to invest in

Discussion in 'Investment Analysis' started by laveshdixit, Aug 21, 2019.

  1. laveshdixit

    laveshdixit Responder

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    laveshdixit, Aug 21, 2019
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  2. shabbir

    shabbir Administrator Staff Member

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    As a company Bata but for valuation it is tough to invest now in Bata.
     
    shabbir, Aug 22, 2019
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  3. laveshdixit

    laveshdixit Responder

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    Thanks @shabbir, what sort of valuations would be more comfortable?
    I feel that Relaxo is doing really great, and building up its brand value very fast. It seems that it is slowly and steadily trying to catch up with Bata.
     
    laveshdixit, Aug 22, 2019
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  4. shabbir

    shabbir Administrator Staff Member

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    At 50+ PE definitely a lot of growth is in the price. There are so much better stocks available at mouth watering valuations that I want to consider them than Bata,
    If you know about a company, then it is always a good investment idea.
     
    shabbir, Aug 23, 2019
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  5. laveshdixit

    laveshdixit Responder

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    From the day of post, Relaxo has gone from 420 to 720.. Such a sharp upward movement. Feel sorry that I did not buy as I was just divided between Relaxo and Bata
     
    laveshdixit, Jan 28, 2020
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  6. shabbir

    shabbir Administrator Staff Member

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    You will always miss some opportunities. So when you get into a good one, make the most of it.
     
    shabbir, Jan 28, 2020
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