Relaxo Relaxing for longStock in a downtrend for a long time. It should find support around these levels.
Disclaimer: View for Educational purpose only. No Trading or Investment advice.
Next report date
—
Report period
—
EPS estimate
—
Revenue estimate
—
7.25 INR
2.00 B INR
29.09 B INR
46.83 M
About RELAXO FOOT LTD.
Sector
Industry
CEO
Ramesh Kumar Dua
Website
Headquarters
Rohini
Founded
1976
ISIN
INE131B01039
FIGI
BBG000FBJW52
Relaxo Footwears Ltd. Engages in the manufacture and marketing of footwear and related products. It operates through the Foot ware and Related Products segment. The company was founded in 1976 and is headquartered in Rohini, India.
Relaxo Foot wearsRelaxo trading near the strong resistance zone.
If it breaks the resistance level, we can expect some good move to the marked levels
Relaxo Market Cap
₹ 21,529 Cr.
Current Price
₹ 865
High / Low
₹ 974 / 758
Stock P/E
107
Book Value
₹ 80.4
Dividend Yield
0.29 %
ROCE
13.6 %
ROE
10.4 %
Face Value
₹ 1.00
Debt to equity
0.10
Debt
₹ 205 Cr.
OPM
14.0 %
Promoter holding
71.3 %
Sales growth
4.72 %
Profit growth
28.2 %
CMP / FCF
513
Industry PE
7
Cross over on moving average Stock - Relexo
ENTERY - 867
SL - 805
TARGET- 1053
#RISKMANAGE
IF 50K CAPITAL
Position size(no of share) 8
Investment of capital 6991
MAX LOSS - 500
PROFIT ------(1500+)
RISK TO REWARD (1:3)
RELAXOclosed above 100 DMA 828.08 with increased volume. bog reserve and zero debt. The company is the largest footwear manufacturer in India in terms of volume and second-largest in terms of revenue.
Relaxo for 40% gain in 2 year.it's time to look into relaxo stock now, stock is crawling for many months and we can see aggregation pattern now.
I believe its having potential to give 40% return in 2 year time Fram.
Relaxo available at pre covid levels, attractive RRFundamentals : Strong, Consistent growth on Sales, Profits and EPS. High Reserves vs Debt Free. FII and DII stake increased
Technicals : Into bearish trend but nearing strong support zone.. Trendline support.. Good RR.
R 1: 970 (Trend reverse level)
R 2: 1100
R 3: 1250++
Support Zone : 680-750
Stock To Watch - RelaxoTrendline support and bounce visible at around 800 level
RSI near and volume rising
Disc: not a recommendation, for study
RELAXO LONGThe Elliott Wave analysis indicates that the stock has completed waves (1) and (2) which are shown as blue numbers on the daily chart. Wave (3) appears to be underway at this time.
It is anticipated that wave (3) will have about five subdivisions shown in red colour.
Wave levels shown on chart.
L
RELAXO- Weekly AnalysisIn the Weekly Chart of RELAXO,
we can see that, it is at decision making point and Halt candle is created.
Enter on breaking its High with Low as SL.
Possible momentums are shown in chart.
See all ideas
An aggregate view of professional's ratings.
Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
The current price of RELAXO is 683.95 INR — it has increased by 1.52% in the past 24 hours. Watch RELAXO FOOT LTD. stock price performance more closely on the chart.
Depending on the exchange, the stock ticker may vary. For instance, on NSE exchange RELAXO FOOT LTD. stocks are traded under the ticker RELAXO.
RELAXO stock has risen by 6.61% compared to the previous week, the month change is a −13.25% fall, over the last year RELAXO FOOT LTD. has showed a −25.50% decrease.
We've gathered analysts' opinions on RELAXO FOOT LTD. future price: according to them, RELAXO price has a max estimate of 797.00 INR and a min estimate of 528.00 INR. Watch RELAXO chart and read a more detailed RELAXO FOOT LTD. stock forecast: see what analysts think of RELAXO FOOT LTD. and suggest that you do with its stocks.
RELAXO reached its all-time high on Nov 4, 2021 with the price of 1,448.00 INR, and its all-time low was 11.50 INR and was reached on Dec 30, 2011. View more price dynamics on RELAXO chart.
See other stocks reaching their highest and lowest prices.
See other stocks reaching their highest and lowest prices.
RELAXO stock is 2.94% volatile and has beta coefficient of 0.44. Track RELAXO FOOT LTD. stock price on the chart and check out the list of the most volatile stocks — is RELAXO FOOT LTD. there?
Today RELAXO FOOT LTD. has the market capitalization of 170.03 B, it has decreased by −4.19% over the last week.
Yes, you can track RELAXO FOOT LTD. financials in yearly and quarterly reports right on TradingView.
RELAXO FOOT LTD. is going to release the next earnings report on Feb 3, 2025. Keep track of upcoming events with our Earnings Calendar.
RELAXO earnings for the last quarter are 1.50 INR per share, whereas the estimation was 1.79 INR resulting in a −16.43% surprise. The estimated earnings for the next quarter are 1.80 INR per share. See more details about RELAXO FOOT LTD. earnings.
RELAXO FOOT LTD. revenue for the last quarter amounts to 6.79 B INR, despite the estimated figure of 7.46 B INR. In the next quarter, revenue is expected to reach 7.90 B INR.
RELAXO net income for the last quarter is 367.30 M INR, while the quarter before that showed 443.70 M INR of net income which accounts for −17.22% change. Track more RELAXO FOOT LTD. financial stats to get the full picture.
Yes, RELAXO dividends are paid annually. The last dividend per share was 3.00 INR. As of today, Dividend Yield (TTM)% is 0.44%. Tracking RELAXO FOOT LTD. dividends might help you take more informed decisions.
RELAXO FOOT LTD. dividend yield was 0.37% in 2023, and payout ratio reached 37.25%. The year before the numbers were 0.29% and 40.29% correspondingly. See high-dividend stocks and find more opportunities for your portfolio.
As of Dec 3, 2024, the company has 20.68 K employees. See our rating of the largest employees — is RELAXO FOOT LTD. on this list?
EBITDA measures a company's operating performance, its growth signifies an improvement in the efficiency of a company. RELAXO FOOT LTD. EBITDA is 3.94 B INR, and current EBITDA margin is 14.25%. See more stats in RELAXO FOOT LTD. financial statements.
Like other stocks, RELAXO shares are traded on stock exchanges, e.g. Nasdaq, Nyse, Euronext, and the easiest way to buy them is through an online stock broker. To do this, you need to open an account and follow a broker's procedures, then start trading. You can trade RELAXO FOOT LTD. stock right from TradingView charts — choose your broker and connect to your account.
Investing in stocks requires a comprehensive research: you should carefully study all the available data, e.g. company's financials, related news, and its technical analysis. So RELAXO FOOT LTD. technincal analysis shows the sell today, and its 1 week rating is sell. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1 month rating RELAXO FOOT LTD. stock shows the sell signal. See more of RELAXO FOOT LTD. technicals for a more comprehensive analysis.
If you're still not sure, try looking for inspiration in our curated watchlists.
If you're still not sure, try looking for inspiration in our curated watchlists.