You can invest in Metro Brands stocks by buying them through a registered broker like Motilal Oswal. Once you have signed up with the broker, you can open a demat account. This will be connected to a trading account and your bank account. Then, you can place an order to buy stocks with your broker to buy the stocks in the quantity you want. The stocks bought will be deposited in your demat account, to be held there electronically.
Metro Brands is a top footwear retailer in India. The company manages brands like Metro Shoes, Mochi, Crocs, etc. It offers a wide range of footwear for men, women, and children. The company has gradually expanded its presence across India. The company has launched new initiatives to remain competitive in the retail footwear industry.
The future of Metro Brands will be based on how it can meet challenges to remain competitive, meet changing consumer trends, keep its overall performance high and stay aligned with technology to make customer experiences appealing.
Having said that, Metro Brands has posted a net profit of Rs. 212.95 crores in March 2022, up from March 2020, when net profit was at 159.73.
The stock price of Metro Brands, as any other stock, is affected by a number of factors like:
Metro Brands is a respectable and reputed footwear retail operator in the Indian footwear industry. With a wide network of stores and an active online presence, it aims to be ever-expanding and evolving with changes in consumer demands. The company promotes affordable footwear and is one of the oldest companies in the segment of retail footwear.
The long-term growth potential of a retail footwear operator may be dependent on several variables related to trends in the industry and changing mindsets of customers. Additionally, macroeconomic factors like inflation, the state of the economy, regulations, etc, have some impact on long-term growth and sustainability in a competitive retail market.
The last dividend paid by Metro Brands was an interim dividend, paid in January 2023. There is no announcement of any upcoming dividend for Metro Brands stocks.
So far, three dividend payments have been paid on Metro Stocks, two in 2022, and one in 2023.