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Relaxo Footwears Ltd.
Share Price Target & Analysis

NSE:RELAXO

829.44

VWAP

831.05

Open

830.55

Close

836.15

High

826.00

Low

974.00

52 Week High

826.65 ⇩
-3.90 (-0.47%)

RELAXO

(CONSUMER GOODS)
30.3% Momentum

Turnaround Potential

762.45

52 Week Low

8.05

EPS

72.02

PE

10.28

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 826.65, 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 15, 2024 is 10.28.

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 829.44.

Now, the main question is whether to BUY or SELL, NSE:RELAXO at current valuation.
As per latest Analysis No. #1148:-

⇑ 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 15, 2024)

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

Relaxo Footwears Ltd. share price moved Down by -0.47% from its previous close of Rs 830.55. RELAXO stock last traded price is 826.65. RELAXO share price trend is Down with a total of 86603 stocks traded till now. It has touched an intraday high of Rs 836.15 and an intraday low of Rs 826.00. The RELAXO trading at 826.65, Down by Rs. -3.90, or -0.47 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 -0.47%. RELAXO share price short term trend is Down. It suggests that RELAXO Share Price for Tomorrow remains the same with VWAP at 829.44 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

 826.65

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: @832.25

RELAXO Moving Averages

BUY (9) NEUTRAL (0) SELL (5)
MA Simple Action S1 Expo Action E2
MA_5 829.89 BUY 829.81 BUY
MA_12 825.09 BUY 827.31 BUY
MA_20 827.87 BUY 827.62 BUY
MA_32 828.18 BUY 830.48 BUY
MA_50 831.45 BUY 835.65 SELL
MA_100 852.09 SELL 848.76 SELL
MA_200 887.55 SELL 871.39 SELL

RELAXO Trend Oscillators

BUY (3) NEUTRAL (1) SELL (0)
Trend Oscillators Value Action
Bollinger Bands 827.87 Uptrend
MACD 1.6 BUY
ADX 12.24 NO or Weak Trend
DMI (+/-) 20.3 / 16.97 Uptrend

RELAXO Momentum Oscillators

BUY (1) NEUTRAL (10) SELL (1)
Momentum Oscillators Value Action
RSI 51.67 Neutral
STOCHASTIC_K (Fast) 52.86 Neutral
STOCHASTIC_D (Slow) 65.59 Neutral
CCI 71.03 Neutral
PSAR 886.99 SELL
TRUE RANGE 16.55 Neutral
ATR 18.53 Neutral
WILLIAMS R -44.38 Neutral
TRIX 0 Neutral
STOCHASTIC RSI K 53.26 Neutral
STOCHASTIC RSI D 73.3 Neutral
MOMENTUM 16.7 BUY

RELAXO Last 1 Year Trend

Duration Value
1 Year 0.54%
3 Months -4.21%
1 Month 2.05%
1 Week 2.44%

RELAXO Technical Analysis Summary

Updated on 2024-04-29
Action Overall (%)
BUY 43%
NEUTRAL / HOLD 37%
SELL 20%

Most popular Questions & Answers about RELAXO


Relaxo Footwears Ltd. stock last traded price is 826.65. RELAXO share price moved Down by -0.47% from its previous close of Rs 830.55.

Relaxo Footwears Ltd. share price trend is Down with a total of 86603 stocks traded till now. It has touched an intraday high of Rs 983.74 and an intraday low of Rs 826.00. The RELAXO trading at 826.65, Down by Rs. -3.90, or -0.47 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 829.44.

The market cap of Relaxo Footwears Ltd. is ₹31563.8 (in Cr) as of May 14, 2024.

The current price to earning ratio for Relaxo Footwears Ltd. as of May 14, 2024 is 72.02.

The current price to book ratio for Relaxo Footwears Ltd. as of May 14, 2024 is 10.28.

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 ₹826.65, Down by Rs. -3.90, or -0.47 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 15, 2024 is 10.28.


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 826.65 8.05 80.39
BATAINDIA 1326.20 20.63 111.56
MIRZAINT 44.90 1.11 32.94
KHADIM 353.40 5.28 124.36
SREEL 291.50 12.44 160.59
BIL 409.70 13.79 260.89
LIBERTSHOE 324.15 3.45 116.3
SUPERHOUSE 213.55 10.2 339.83
Updated at: 15 May 2024 15:29

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