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Relaxo Footwears Ltd (RELAXO)

₹829.050.31%

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Overview
Fundamentals
Q3 '23 Results
Technicals
News and Events

Insights on Relaxo Footwears Ltd

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

  • imgPOSITIVE IMPACT

    MF Holding Up

    img

    Mutual Funds have increased holdings from 8.81% to 9.29% in Mar 2024 quarter

  • imgNO EFFECT

    Against Peers

    img

    In the last 1 year, Sreeleathers Ltd has given 52.8% return, outperforming this stock by 61.4%

  • imgNO EFFECT

    Promoter Holding Unchanged

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    Promoters holdings remained unchanged at 71.27% of holdings in Mar 2024 quarter

  • imgNO EFFECT

    Against Peers

    img

    In the last 3 years, Sreeleathers Ltd has given 47.5% return, outperforming this stock by 72.4%

  • imgNEGATIVE IMPACT

    FII Holding Down

    img

    Foreign Institutions have decreased holdings from 3.40% to 3.32% in Mar 2024 quarter

  • imgNEGATIVE IMPACT

    Price Dip

    img

    In the last 3 years, RELAXO stock has moved down by -24.9%

  • imgNEGATIVE IMPACT

    Retail Holding Down

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    Retail Investor have decreased holdings from 16.48% to 16.08% in Mar 2024 quarter

Performance

  • Day's Low

    Day's High

    ₹826.85
    ₹835.15
  • 52 Week's Low

    52 Week's High

    ₹758.25
    ₹974
1 Month Return+ 0.75 %
3 Month Return-1.75 %
1 Year Return-8.54 %
Previous Close₹831.65
Open₹830.00
Volume56.63K
Upper Circuit-
Lower Circuit-
Market Cap₹20,702.98Cr

Analyst Rating

based on 14 analysts

HOLD
14.29%
Buy
42.86%
Hold
42.86%
Sell

Based on 14 analysts offering long term price targets for Relaxo Footwears Ltd. An average target of ₹811.14

Source: S&P Global Market Intelligence

Company Information

Relaxo Footwears Ltd is an Indian footwear company established in 1976 by Mr. Ramesh Kumar Dua. It is one of the leading manufacturers of footwear in India, with a presence in more than 1,700 cities and towns. The company is headquartered in New Delhi and is listed on the National Stock Exchange of India.

Relaxo Footwears Ltd operates in the manufacturing and marketing of footwear for men, women and children. It has a wide range of products which includes casuals, formals, sandals, slippers, and sports shoes. The company has several popular brands in its portfolio such as Flite, Sparx, Schoolmate, Bahamas, and Hawaii. The company also manufactures and markets footwear under the Relaxo brand.

Relaxo Footwears Ltd has a strong presence in the Indian market with its products being sold in more than 30,000 retail outlets across the country. The company also exports its products to several countries in the Middle East, Africa, and Europe. Some of the company's top products include Flite, Sparx, Schoolmate, Bahamas, and Hawaii. These products are known for their superior quality, comfort, and durability.

Share Price: ₹829.05 per share as on 19 Jun, 2024 04:01 PM
Market Capitalisation: ₹20,702.98Cr as of today
Listing date: 27 Nov, 1996
OrganisationRelaxo Footwears Ltd
Headquarters
IndustryLeather
E-voting on sharesClick here to vote

Key events for Relaxo Footwears Ltd

  • Relaxo Footwears Stock May Be Nearing Bottom, Potential for Uptrend - 15 Jun, 2024

    The Relaxo Footwears stock has been in a downtrend since November 2011 but may be nearing a bottom. Immediate support is at ₹760 with strong support at ₹720-700. A rise above ₹1,000 will confirm trend reversal and could take the stock up to ₹1,500 over two years. Investors can buy more at current levels and at ₹760 with stop-loss at ₹680.

  • Axis Securities Recommends Buy on Relaxo Footwears - 11 Jun, 2024

    Axis Securities has recommended a buy call on Relaxo Footwears with a target price of ₹950. Despite a 2% YoY decrease in revenue, EBITDA grew by 2% YoY to ₹120 crore, and margins increased to 16.1%. Axis believes the worst is over for Relaxo and expects demand to improve with good monsoons.

  • Relaxo Footwears Has Net Cash Despite Carrying Debt - 01 Jun, 2024

    Relaxo Footwears had debt of ₹185.4m in March 2024, but also has ₹1.81b in cash to offset that, resulting in a net cash of ₹1.62b. The company's EBIT grew by 22% over the last year, indicating no concerns with its use of debt.

  • Relaxo Footwears Launches Spring Summer Collection 2024 - 31 May, 2024

    Relaxo Footwear Ltd's brand, Sparx, has launched its product range for the Spring Summer Collection 2024. The new collection features versatile designs made from lightweight and moisture-wicking materials with customizable fits, ideal for casual outings and daily activities.

Mutual Fund Holdings

Funds Holdings
SBI Focused Equity Fund Direct Plan GrowthSBI Focused Equity Fund Direct Plan Growth1.99%
SBI Equity Hybrid Fund Direct GrowthSBI Equity Hybrid Fund Direct Growth0.29%
SBI Magnum Midcap Fund Direct GrowthSBI Magnum Midcap Fund Direct Growth1.07%
SBI Small Cap Fund Direct Plan GrowthSBI Small Cap Fund Direct Plan Growth0.5%
SBI Multicap Fund Direct GrowthSBI Multicap Fund Direct Growth0.81%

Shareholding Pattern

InvestorsHoldings %Prev. 1 periods3M change
Promoter Holdings
71.27%
0.00
Foreign Institutions
3.32%
0.00
Mutual Funds
9.29%
0.00
Retail Investors
16.08%
0.00
Others
0.04%
0.00

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Relaxo Footwears Ltd (RELAXO) share price today is ₹829.05

Relaxo Footwears Ltd is listed on NSE

Relaxo Footwears Ltd is listed on BSE

  • Today’s highest price of Relaxo Footwears Ltd is ₹835.15.
  • Today’s lowest price of Relaxo Footwears Ltd is ₹826.85.

Today’s traded volume of Relaxo Footwears Ltd(RELAXO) is 56.63K.

Today’s market capitalisation of Relaxo Footwears Ltd(RELAXO) is ₹20702.98Cr.

Relaxo Footwears Ltd(RELAXOPrice
52 Week High
₹974
52 Week Low
₹758.25

Relaxo Footwears Ltd(RELAXO) share price is ₹829.05. It is down -14.88% from its 52 Week High price of ₹974

Relaxo Footwears Ltd(RELAXO) share price is ₹829.05. It is up 9.34% from its 52 Week Low price of ₹758.25

Relaxo Footwears Ltd(RELAXOReturns
1 Day Returns
-2.6%
1 Month Returns
0.75%
3 Month Returns
-1.75%
1 Year Returns
-8.54%