1. DIYTechnicalAnalysis is a private community of traders and investors interested in building wealth from Indian equity market. You can become a member with a one time registration fee of ₹199. Click here to become a member

Relaxo or Bata? Which stock to invest in

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

  1. laveshdixit

    laveshdixit Member

    Joined:
    Aug 14, 2019
    Messages:
    13
    Likes Received:
    13
    Occupation:
    Software
    nirajshah likes this.
  2. shabbir

    shabbir Administrator Staff Member

    Joined:
    Apr 30, 2012
    Messages:
    5,888
    Likes Received:
    1,572
    As a company Bata but for valuation it is tough to invest now in Bata.
     
    nirajshah likes this.
  3. laveshdixit

    laveshdixit Member

    Joined:
    Aug 14, 2019
    Messages:
    13
    Likes Received:
    13
    Occupation:
    Software
    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.
     
    nirajshah likes this.
  4. shabbir

    shabbir Administrator Staff Member

    Joined:
    Apr 30, 2012
    Messages:
    5,888
    Likes Received:
    1,572
    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.
     
    nirajshah likes this.