American sportswear and footwear retailer Foot Locker is in talks with Mumbai-based Metro Brands to enter India, three people aware of the development said. Foot Locker, one of the biggest footwear retailers in the world, explored a partnership with other retailers, too, for its India entry, but a d…

US retailer Foot Locker in talks with Metro brands to enter India

Foot Locker, one of the biggest footwear retailers in the world, explored partnership with other retailers, too, for its India entry, but a deal with Metro Brands – itself a specialised footwear retailer – looks more likely, they said.

US retailer Foot Locker in talks with Metro Brands to enter India

Foot Locker, which retails popular footwear brands including Adidas and Nike Inc, is in discussions with four Indian players to appoint a franchise, ET Now tweeted. The details of the companies were not disclosed.

U.S. retailer Foot Locker in talks with Metro Brands for India entry- Report

U.S. footwear and sportswear retailer Foot Locker Inc is in talks with Metro Brands Ltd to enter the Indian market, ET Now reported on Friday.

Foot Locker to set foot in India; all you need to know

Titan is the top stock in terms of shareholding value in Rekha’s portfolio, followed by Star Health, Metro Brands, Tata Motors, and CRISIL.

Rekha Jhunjhunwala-held two stocks get ‘buy’ recommendation post Q3 numbers

Metro Brands will turn ex-dividend today. Metro Brands had announced an interim dividend of Re 2.50 per share. The record date for the same is January 28.

Metro Brands, Surya Roshni shares to go ex-dividend; Vedanta, Bajaj Finance, Fineotex Chemical Q3 results today

Metro brands q3 results: It is expected to support its rich valuations

After strong Q3 show, Metro Brands growth outperformance may continue

Motilal Oswal is bullish on Metro Brands recommended buy rating on the stock with a target price of Rs 1050 in its research report dated January 18, 2023.

Buy Metro Brands; target of Rs 1050: Motilal Oswal

Footwear retail chain Metro Brands Ltd has reported an increase of 11.19 per cent in consolidated net profit at Rs 112.99 crore for the third quarter ended December 2022

Metro Brands Q3 net profit up 11.2% to Rs 113 cr; revenue from ops jump

Aarti Surfactants had announced a rights issue of 8,92,291 partly paid up equity shares of Rs 10 each at an issue price of Rs 555, aggregating to an amount of Rs 49.52 crore.

Aarti Surfactants, Markolines to go ex-rights; BOI, Metro Brands, Tata Metaliks, Delta Corp, Mastek Q3 results today

Stocks to watch out for today: Federal Bank, Siemens, Tata Motors, NTPC, Maruti Suzuki, Bank of India, Metro Brands and more

Stocks in news: Tata Motors, NTPC, Metro Brands, Federal Bank and more

Hasn't faired well - amongst the low performers

Performance

Seems to be overvalued vs the market average

Valuation

Lagging behind the market in financials growth

Growth

Showing good signs of profitability & efficiency

Profitability

The stock is overpriced but is not in the overbought zone

Current price is more than the intrinsic value

Fundamentals

Good time to consider, stock is not in the overbought zone

Technicals

Entry point

Promoter pledged holding

Unsolicited messages

Default probability

Red flags

Metro Brands Limited is footwear retailer. It sells a range of branded products for men, women and kids, and for every occasion including casual and formal events. It provides Metro, Mochi, Walkway, daVinchi, Crocs, Cheemo, and Fitflop brands. 

Metro Brands Ltd