Relaxo Footwears Ltd.
Share Price Target & Analysis
NSE:RELAXO
VWAP
Open
Close
High
Low
52 Week High
-0.90 (-0.14%)
RELAXO
(CONSUMER GOODS)Watch Carefully
52 Week Low
EPS
PE
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 634.60, this results in a dividend yield of 0.47 %.
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 7.27. NSE:RELAXO book value per share as of today is 80.14. The current price to book ratio for RELAXO as of Nov 23, 2024 is 7.92.
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 52.39% is very crucial parameter which shows that 52.39% investors are anticipating that the price of RELAXO share should go up with VWAP at 637.5.
Now, the main question is whether to BUY or SELL, NSE:RELAXO at current valuation.
As per latest Analysis No. #1447:-
⇑ 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 (Nov 23, 2024)
(Relaxo Footwears Ltd. Daily Analysis on the basis of RELAXO Intraday Graph & Trend)
Relaxo Footwears Ltd. share price moved Down by -0.14% from its previous close of Rs 635.5. RELAXO stock last traded price is 634.60. RELAXO share price trend is Down with a total of 106452 stocks traded till now. It has touched an intraday high of Rs 645.1 and an intraday low of Rs 630. The RELAXO trading at 634.60, Down by Rs. -0.90, or -0.14 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 -0.14%. RELAXO share price short term trend is Down. It suggests that RELAXO Share Price for Tomorrow remains the same with VWAP at 637.5 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 |
634.60 |
RELAXO Share Price Target Prediction for 2024 ^ |
659 - 837 |
RELAXO Share Price Target Prediction for 2025*^ |
837 - 1016 |
RELAXO Share Price Target Prediction for 2026*^ |
1016 - 1087.1 |
RELAXO Share Price Target Prediction for 2027*^ |
1141 |
RELAXO Share Price Target Prediction for 2028*^ |
1174 |
RELAXO Share Price Target Prediction for 2030*^ |
1280 |
RELAXO Current Book Value 2023 |
79.7 |
*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: @678MA | Simple | Action S1 | Expo | Action E2 |
---|---|---|---|---|
MA_5 | 714.01 | SELL | 707.02 | SELL |
MA_12 | 746.65 | SELL | 736.27 | SELL |
MA_20 | 751.64 | SELL | 748.57 | SELL |
MA_32 | 770.8 | SELL | 764.46 | SELL |
MA_50 | 788.31 | SELL | 776.22 | SELL |
MA_100 | 803.95 | SELL | 793.24 | SELL |
MA_200 | 819.19 | SELL | 818.32 | SELL |
Trend Oscillators | Value | Action |
---|---|---|
Bollinger Bands | 690.49 | OverSold |
MACD | -7.92 | SELL |
ADX | 20.12 | NO or Weak Trend |
DMI (+/-) | 14.43 / 39.18 | Downtrend |
Momentum Oscillators | Value | Action |
---|---|---|
RSI | 23.09 | Oversold |
STOCHASTIC_K (Fast) | -0.24 | Oversold |
STOCHASTIC_D (Slow) | 1.63 | Oversold |
CCI | -175.63 | SELL |
PSAR | 780.61 | SELL |
TRUE RANGE | 18.85 | BUY |
ATR | 20.95 | BUY |
WILLIAMS R | -97.44 | Oversold |
TRIX | 0 | Neutral |
STOCHASTIC RSI K | 0 | Oversold |
STOCHASTIC RSI D | 0 | Oversold |
MOMENTUM | -106.8 | SELL |
Duration | Value |
---|---|
1 Year | -24.92% |
3 Months | -14.69% |
1 Month | -13.61% |
1 Week | -12.94% |
Action | Overall (%) |
---|---|
BUY | 7% |
NEUTRAL / HOLD | 7% |
SELL | 87% |
Most popular Questions & Answers about RELAXO
Relaxo Footwears Ltd. stock last traded price is 634.60. RELAXO share price moved Down by -0.14% from its previous close of Rs 635.5.
Relaxo Footwears Ltd. share price trend is Down with a total of 106452 stocks traded till now. It has touched an intraday high of Rs 958.49 and an intraday low of Rs 630. The RELAXO trading at 634.60, Down by Rs. -0.90, or -0.14 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 637.5.
The market cap of Relaxo Footwears Ltd. is ₹31563.8 (in Cr) as of Nov 22, 2024.
The current price to earning ratio for Relaxo Footwears Ltd. as of Nov 22, 2024 is 70.94.
The current price to book ratio for Relaxo Footwears Ltd. as of Nov 22, 2024 is 7.92.
The highest price of Relaxo Footwears Ltd. stock is ₹949 in the last 52-week.
The lowest price of Relaxo Footwears Ltd. stock is ₹628.6 in the last 52-week.
Relaxo Footwears Ltd. share trading at ₹634.60, Down by Rs. -0.90, or -0.14 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 ₹659 on downside and ₹837 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 ₹837 on downside and ₹1016 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 ₹1016 on downside and ₹1087.1 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 ₹1174 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.
The price of Relaxo Footwears Ltd. (RELAXO) shares moved by -0.14%. The short-term trend for RELAXO share price is Down. It implies that the share price of RELAXO will stay the same tomorrow and that intraday traders should treat VWAP at 637.5 as a stop loss. Investors with a long-term outlook can track RELAXO long-term trajectory, which is indicated in the future forecast table.
Estimated DCF Value of RELAXO stock is 87.2. Compared to the current market price of 634.60 INR, the RELAXO stock is Overvalued by 86.3%.
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 7.27. Relaxo Footwears Ltd. book value per share as of today is 80.14. The current price to book ratio for RELAXO as of Nov 23, 2024 is 7.92.
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 | 634.60 | 7.27 | 80.14 |
BATAINDIA | 1301.45 | 26.79 | 118.26 |
MIRZAINT | 37.92 | 0.74 | 34.03 |
KHADIM | 364.55 | 3.21 | 130.6 |
SREEL | 239.00 | 9.8 | 180.31 |
BIL | 823.40 | 15.9 | 276.1 |
LIBERTSHOE | 461.70 | 6.31 | 122.69 |
SUPERHOUSE | 200.81 | 12.22 | 345.98 |