Liberty shoes are one of the best shoes manufactured in India.
If you buy a pair of Liberty shoes, you can find out the quality of it.
Due to labour problems, their factory was closed for nearly nine months.There was a settlement with the workers and the factory at Haryana started working from Dec 2006. They are one of the suppliers of shoes to the wall mart. They also sell their shoes from their website.
All is well for the company, except that it does not get its recognition from the market. When the strikes were called off, I bought a very small quantity of this company at around 150 level. I waited till the last qtr07 results were declared. Though the result was good, the price hardened, so I exited the company.
Though I do not have any holding in the company, still I love their product.
I heard somewhere that a section of the brokers does not trade in leather shares. Is that the reason for its low rate.
Edited by s_praharaj - 05/Jun/2007 at 11:42pm