Saurabh Mukherjea picks underperforming Tata stock to exit Relaxo
While raw material prices have since corrected and Relaxo has passed on the same to consumers, it will be an uphill task for Relaxo to recover the space ceded to competitors," Mukherjea said, adding that Relaxo has also been stepping up its focus on designs, the traction in the shoe market has so far been slow