NIFTY 22481.90 BANK 48149.10

Relaxo Footwears Ltd.
Share Price Target & Analysis

NSE:RELAXO

830.51

VWAP

833.35

Open

830.95

Close

836.85

High

828.40

Low

974.00

52 Week High

831.00 ⇩
-1.70 (-0.20%)

RELAXO

(CONSUMER GOODS)
32.4% Momentum

Turnaround Potential

762.45

52 Week Low

8.05

EPS

74.18

PE

10.34

PB

Economical
Quality

Diamond
Valuation

#Analysis

NSE: RELAXO Share Price Financial Analysis & Valuation

Relaxo Footwears Ltd. (RELAXO) is broadly categorized in CONSUMER GOODS segment industry which deals in Leather Products vertical. It is one of Mid Cap company with Market Capitalization of Rs 31563.8 (in Cr). Total number of free float shares are 12 (in Lacs). Relaxo Footwears Ltd. is listed on NSE with Exchange ID - INE131B01039 and trading code is NSE:RELAXO with short name Relaxo Footwear.

In the past 1 year, Relaxo Footwears Ltd. has declared an equity dividend of Rs 3 per share. At the current share price of RELAXO at Rs 831.00, this results in a dividend yield of 0.36 %.

As per the Fundamental Analysis of NSE:RELAXO, which uses revenues, earnings, future growth, financial ratios, return on equity, profit margins, and other data to determine RELAXO underlying value and future prospects. All of this data is available in RELAXO financial statements.

Quality of the Stock: As per the fundamental analysis of NSE:RELAXO, it is clearly understood that RELAXO is Economical performer in terms of earnings and profit margins with an EPS of 8.05. NSE:RELAXO book value per share as of today is 80.39. The current price to book ratio for RELAXO as of May 18, 2024 is 10.34.

Valuation of the Stock: The current valuation of RELAXO stock is like Diamond which means currently the stock is Very Expensive. Now, it's totally depends upon the risk appetite of an investor and risk-reward ratio of RELAXO whether to BUY this stock at current valuation. The delivery percentage of RELAXO is 49.71% is very crucial parameter which shows that 49.71% investors are anticipating that the price of RELAXO share should go up with VWAP at 830.51.

Now, the main question is whether to BUY or SELL, NSE:RELAXO at current valuation.
As per latest Analysis No. #1152:-

⇑ STRONG BUY RELAXO if All Greens

⇗ BUY RELAXO (at Lower Levels) if any 2 Greens

⇒ NEUTRAL or HOLD RELAXO (With Stop Loss) if only 1 Green

⇘ SELL RELAXO if NO Green Indicator

NSE: RELAXO Share Price Today (May 18, 2024)

(Relaxo Footwears Ltd. Daily Analysis on the basis of RELAXO Intraday Graph & Trend)

Relaxo Footwears Ltd. share price moved Down by -0.20% from its previous close of Rs 830.95. RELAXO stock last traded price is 831.00. RELAXO share price trend is Down with a total of 3871 stocks traded till now. It has touched an intraday high of Rs 836.85 and an intraday low of Rs 828.40. The RELAXO trading at 831.00, Down by Rs. -1.70, or -0.20 percent which suggests that most of the Traders are anticipating that the price of RELAXO share should go Down.

NSE: RELAXO Share Price Tomorrow Prediction

(Relaxo Footwears Ltd. Share Price Prediction for Tomorrow & future forecast is based on Current Trend of RELAXO)

Relaxo Footwears Ltd. share price moved Down by -0.20%. RELAXO share price short term trend is Down. It suggests that RELAXO Share Price for Tomorrow remains the same with VWAP at 830.51 will be treated as stop loss for intraday traders. Relaxo Footwears Ltd. Long term investors can follow the RELAXO long term trend as mentiond in future forecast table.

NSE Code

NSE: RELAXO

RELAXO Share Price Today

 831.00

RELAXO Share Price Target Prediction for 2024 ^

 799.4 - 920.6

RELAXO Share Price Target Prediction for 2025*^

 920.6 - 1042.8

RELAXO Share Price Target Prediction for 2026*^

 1042.8 - 1115.8

RELAXO Share Price Target Prediction for 2027*^

 1172

RELAXO Share Price Target Prediction for 2028*^

 1205

RELAXO Share Price Target Prediction for 2030*^

 1314
RELAXO Current Book Value 2023
80

*Relaxo Footwears Ltd. Short Term & Long Term share price target is based on current financial year earings of the company.
^RELAXO share price target prediction for 2024 2025 & 2026 to 2030 is based on current market scenario, future forecast & growth assumptions, they might change subject to market sentiments.

RELAXO Technical Analysis

Candlestick Pattern: @826.65

RELAXO Moving Averages

BUY (0) NEUTRAL (0) SELL (14)
MA Simple Action S1 Expo Action E2
MA_5 837.35 SELL 833.63 SELL
MA_12 834.78 SELL 833.93 SELL
MA_20 830.24 SELL 832.89 SELL
MA_32 828.48 SELL 832.87 SELL
MA_50 830.33 SELL 835.58 SELL
MA_100 844.1 SELL 845.83 SELL
MA_200 882.9 SELL 867.77 SELL

RELAXO Trend Oscillators

BUY (2) NEUTRAL (1) SELL (1)
Trend Oscillators Value Action
Bollinger Bands 830.24 Downtrend
MACD 0.11 BUY
ADX 11.97 NO or Weak Trend
DMI (+/-) 18.07 / 14.81 Uptrend

RELAXO Momentum Oscillators

BUY (0) NEUTRAL (6) SELL (6)
Momentum Oscillators Value Action
RSI 46.82 Neutral
STOCHASTIC_K (Fast) 0.88 Oversold
STOCHASTIC_D (Slow) 15.59 Oversold
CCI -82.78 Neutral
PSAR 864.78 SELL
TRUE RANGE 10.15 Neutral
ATR 18.98 Neutral
WILLIAMS R -79.16 Neutral
TRIX 0 Neutral
STOCHASTIC RSI K 0 Oversold
STOCHASTIC RSI D 0 Oversold
MOMENTUM -3.55 SELL

RELAXO Last 1 Year Trend

Duration Value
1 Year -8.13%
3 Months -5.93%
1 Month -0.43%
1 Week -2.19%

RELAXO Technical Analysis Summary

Updated on 2024-05-15
Action Overall (%)
BUY 7%
NEUTRAL / HOLD 23%
SELL 70%

Most popular Questions & Answers about RELAXO


Relaxo Footwears Ltd. stock last traded price is 831.00. RELAXO share price moved Down by -0.20% from its previous close of Rs 830.95.

Relaxo Footwears Ltd. share price trend is Down with a total of 3871 stocks traded till now. It has touched an intraday high of Rs 983.74 and an intraday low of Rs 828.40. The RELAXO trading at 831.00, Down by Rs. -1.70, or -0.20 percent which suggests that most of the Traders are anticipating that the price of RELAXO share should go Down and the Stop Loss will be around 830.51.

The market cap of Relaxo Footwears Ltd. is ₹31563.8 (in Cr) as of May 17, 2024.

The current price to earning ratio for Relaxo Footwears Ltd. as of May 17, 2024 is 74.18.

The current price to book ratio for Relaxo Footwears Ltd. as of May 17, 2024 is 10.34.

The highest price of Relaxo Footwears Ltd. stock is ₹974.00 in the last 52-week.

The lowest price of Relaxo Footwears Ltd. stock is ₹762.45 in the last 52-week.

Relaxo Footwears Ltd. share trading at ₹831.00, Down by Rs. -1.70, or -0.20 percent which suggests that most of the traders are anticipating that the price of RELAXO share should go Down.

In 2023, Stock price target for Relaxo Footwears Ltd. (RELAXO) are ₹799.4 on downside and ₹920.6 on upside. Relaxo Footwears Ltd. share price target is based on current financial year earings of the company.

In 2024, Stock price target for Relaxo Footwears Ltd. (RELAXO) are ₹920.6 on downside and ₹1042.8 on upside. Relaxo Footwears Ltd. share price target is based on forecasted future earnings of the company.

In 2025, Stock price target for Relaxo Footwears Ltd. (RELAXO) are ₹1042.8 on downside and ₹1115.8 on upside. Relaxo Footwears Ltd. share price target is based on Discounted Cash Flow (DCF) method uses the projected future cash flows of the business.

In next five years, Stock price target for Relaxo Footwears Ltd. (RELAXO) will be around ₹1205 Relaxo Footwears Ltd. share price target is based on market scenario & growth assumptions, they might change subject to market sentiments and forecasted future earnings of RELAXO.

As per the fundamental analysis of Relaxo Footwears Ltd. (RELAXO), it is of Economical quality in terms of earnings and profit margins with an EPS of 8.05. Relaxo Footwears Ltd. book value per share as of today is 80.39. The current price to book ratio for RELAXO as of May 18, 2024 is 10.34.


NSE:RELAXO News & Other Useful Information about RELAXO Share Price


Peer Comparison of NSE: RELAXO

The Peers list includes companies operating in the same industry and having comparable market cap.

Sector: Leather Products

Company Price EPS BV
RELAXO 831.00 8.05 80.39
BATAINDIA 1366.00 20.63 111.56
MIRZAINT 45.40 1.11 32.94
KHADIM 362.85 5.28 124.36
SREEL 292.30 12.44 160.59
BIL 428.20 13.79 260.89
LIBERTSHOE 325.65 3.45 116.3
SUPERHOUSE 215.50 10.2 339.83
Updated at: 17 May 2024 15:50

Feel free to contact us, in case of any queries.

SITEMAP 2032
Disclaimer: Published information or data available on the Website may not be current or up to date and also any information or data available on this website may contain inaccuracies and/or typographical errors. Kindly refer any reliable source for its accuracy. If you select any of these stocks for your trades, you do so at your own risk.

Stocks to Watch Today

ADANIENT 3057.00 15.35 (0.5%) | ADANIGREEN 1833.00 -11.40 (-0.62%) | ADANIPORTS 1335.70 -9.35 (-0.7%) | ADANITRANS 1035.15 4.15 (0.4%) | AMBUJACEM 620.70 5.30 (0.86%) | APOLLOHOSP 5953.05 21.35 (0.36%) | ASIANPAINT 2809.90 -4.15 (-0.15%) | ATGL 913.65 6.85 (0.76%) | AUROPHARMA 1185.70 20.65 (1.77%) | AXISBANK 1141.35 2.05 (0.18%) | BAJAJ-AUTO 8787.00 -84.85 (-0.96%) | BAJAJFINSV 1587.00 -9.00 (-0.56%) | BAJFINANCE 6727.40 -19.75 (-0.29%) | BALKRISIND 2797.75 133.20 (5%) | BANDHANBNK 181.15 1.55 (0.86%) | BANKBARODA 261.90 -1.00 (-0.38%) | BEL 248.20 10.30 (4.33%) | BERGEPAINT 493.25 1.40 (0.28%) | BHARTIARTL 1344.45 -0.65 (-0.05%) | BIOCON 305.85 0.10 (0.03%) | BOSCHLTD 31027.75 -13.80 (-0.04%) | BPCL 628.30 9.55 (1.54%) | BRITANNIA 5086.80 -50.95 (-0.99%) | CADILAHC 1051.40 42.40 (4.2%) | CIPLA 1399.05 -22.05 (-1.55%) | COALINDIA 470.25 1.95 (0.42%) | COLPAL 2682.00 -4.30 (-0.16%) | DABUR 536.00 -6.05 (-1.12%) | DIVISLAB 3910.75 -20.40 (-0.52%) | DLF 848.80 7.30 (0.87%) | DMART 4682.90 11.65 (0.25%) | DRREDDY 5799.55 -50.85 (-0.87%) | EICHERMOT 4693.90 12.15 (0.26%) | GAIL 203.90 8.45 (4.32%) | GLAND 1791.25 11.60 (0.65%) | GODREJCP 1295.10 -7.65 (-0.59%) | GRASIM 2423.65 51.05 (2.15%) | GUJGASLTD 556.50 5.60 (1.02%) | HAVELLS 1819.00 41.30 (2.32%) | HCLTECH 1333.20 -14.95 (-1.11%) | HDFC 2724.30 0.00 (0%) | HDFCAMC 3790.15 5.65 (0.15%) | HDFCBANK 1465.15 1.05 (0.07%) | HDFCLIFE 570.60 0.40 (0.07%) | HEROMOTOCO 5089.20 -52.15 (-1.01%) | HINDALCO 655.45 2.10 (0.32%) | HINDUNILVR 2320.35 -22.80 (-0.97%) | HINDZINC 588.00 4.70 (0.81%) | ICICIBANK 1130.50 -0.55 (-0.05%) | ICICIGI 1669.55 -7.25 (-0.43%) | ICICIPRULI 590.20 0.15 (0.03%) | INDIGO 4370.00 79.60 (1.86%) | INDUSINDBK 1412.35 3.60 (0.26%) | INDUSTOWER 344.45 3.45 (1.01%) | INFY 1445.00 -8.35 (-0.57%) | IOB 62.05 0.00 (0%) | IOC 164.05 1.20 (0.74%) | ITC 436.30 4.85 (1.12%) | JSWSTEEL 907.45 21.05 (2.37%) | KOTAKBANK 1696.55 24.50 (1.47%) | LT 3450.75 -9.85 (-0.28%) | LTI 4764.30 -6.90 (-0.14%) | LUPIN 1651.75 -11.20 (-0.67%) | M&M 2514.60 142.85 (6.02%) | MARICO 599.00 7.75 (1.31%) | MARUTI 12623.20 -18.30 (-0.14%) | MCDOWELL-N 1182.55 5.45 (0.46%) | MOTHERSUMI 129.35 2.10 (1.65%) | MUTHOOTFIN 1695.55 16.00 (0.95%) | NAUKRI 6222.00 355.25 (6.06%) | NESTLEIND 2499.10 53.60 (2.19%) | NMDC 276.65 11.65 (4.4%) | NTPC 365.45 4.00 (1.11%) | ONGC 277.45 -0.20 (-0.07%) | PEL 827.20 3.35 (0.41%) | PIDILITIND 2986.95 -31.15 (-1.03%) | PIIND 3590.00 -18.30 (-0.51%) | PNB 125.10 -0.05 (-0.04%) | POWERGRID 316.70 3.55 (1.13%) | RELIANCE 2871.40 20.70 (0.73%) | SAIL 169.90 3.00 (1.8%) | SBICARD 715.70 0.80 (0.11%) | SBILIFE 1434.20 -18.00 (-1.24%) | SBIN 820.40 2.55 (0.31%) | SHREECEM 26305.80 620.20 (2.41%) | SIEMENS 7185.35 141.50 (2.01%) | SRF 2280.35 9.60 (0.42%) | SUNPHARMA 1529.05 -7.25 (-0.47%) | TATACONSUM 1096.00 -3.75 (-0.34%) | TATAMOTORS 945.70 9.30 (0.99%) | TATAMTRDVR 637.35 0.60 (0.09%) | TATASTEEL 167.35 1.45 (0.87%) | TCS 3834.10 -66.85 (-1.71%) | TECHM 1305.40 -2.55 (-0.19%) | TITAN 3361.15 27.25 (0.82%) | TORNTPHARM 2710.40 11.70 (0.43%) | ULTRACEMCO 9890.35 181.25 (1.87%) | UPL 512.35 1.10 (0.22%) | VEDL 442.65 9.60 (2.22%) | WIPRO 461.00 -3.45 (-0.74%) |