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AJs_Trades
Jan 16, 2024 1:19 PM

RelaxoFootware : Fundamentals + Price action pick for LONG TERM  Long

RELAXO FOOTWEARSNSE

Description

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.
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