Metro Brands extends rally on strong outlook; zooms 69% in 2 months

Going forward, the growth momentum is expected to pick up and the footwear sector is estimated to reach Rs 1.4 trillion by FY 2024-25

Shares of Metro Brands hit a new high of Rs 948.85, surging 6 per cent on the BSE in Tuesday's intra-day trade, on strong business outlook. The stock surpassed its previous high of Rs 935, touched on September 23, 2022.

Metro Brands, on September 21, had said that the volume of shares traded was purely based on market conditions and the Company is not responsible for any increase or fall in volume or any changes in stock market conditions. "There are no matters/events which are pending for disclosure to the Stock Exchanges that may have a bearing on the