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RelaxoFootware : Fundamentals + Price action pick for LONG TERM
RELAXO FOOT LTD.
Long
RelaxoFootware : Fundamentals + Price action pick for LONG TERM
By AJs_Trades
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Jan 16, 2024
4
Jan 16, 2024
Relaxo footware:
Market Cap ₹ 22,184 Cr.
Current Price ₹ 891
52 High / Low : ₹ 974 / 748
ROCE 11.8 %
ROE 8.65 %
Promoter holding 71.3 %
Debt to equity 0.12
(courtesy : screener.in)
In short this ticks all parameters that I value
Price action: This is consolidating in a very small range since last many months.
My planned entry, as well price journey i expect, is marked on chart.
Fundamental Analysis
Supply and Demand
Support and Resistance
AJs_Trades
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