GST Cut Boosts Footwear, Apparel Stocks

  Published 10 months ago

Footwear and apparel retailers gained as GST reduced, driving strong benefits for Bata, Metro, Trent, Vishal.

  • Bata and Metro gain as the majority of footwear sales under ₹2,500 are now taxed at a reduced 5% slab.
  • Apparel retailers Trent, Aditya Birla, Baazar Style, Vishal Mega Mart rise, benefiting from lower GST on apparel.
  • Zudio and Vishal Mega Mart see big advantages, as bulk affordable apparel shifts from 12% to 5%.

You might like these

LTIMindtree Q1 Profit Rises 10%

Axis & super.money Launch No, Fee RuPay Card

RBI: Bank Credit Growth Slows to 9.8% YoY in May 2025

Reliance Buys Kelvinator Brand

Dr. Reddy’s, Shaily Shares Slide

TCS Q1 Profit Rises, TCV Falls

Revolt Motors Unveils RV1, RV1+ in Sri Lanka at EV Show

News that matters the most ⚡