Relaxo Footwears (Large Cap) Share Target 2024, 2025 To 2039
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Relaxo Footwears Limited |
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Price: ₹626.90 | ||
| 52 Week Low: ₹625.00 52 Week High: ₹949.00 |
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| Market Capital: 20,473.97 Crore (Largecap) | |||
| Consumer Cyclical -> Footwear & Accessories | |||
Show Table of Contents
Table of Contents
- 1: Approach 1: Technical Analysis Paired With Price Action
- 1.1: Relaxo Footwears Share Price Target For 2024
- 1.1.1: Relaxo Footwears Share Price Target Table For 2024
- 1.1.2: Short-Term Technical Outlook
- 1.2: Relaxo Footwears Share Price Target For 2025
- 1.2.1: Relaxo Footwears Share Price Target Table For 2025
- 1.2.2: Long-Term Technical Outlook
- 2: Approach 2: Machine Learning By Studying Historical Prices
- 2.1: Relaxo Footwears Share Price Target Chart and Table From 2024, 2025, 2026 to 2039
- 3: Relaxo Footwears Brief Company Overview
- 4: Relaxo Footwears Financial Performance
- 4.0.1: Is Relaxo Footwears A Good Buy For Long Term?
To predict the Relaxo Footwears's future market prices, we harnessed 2 dynamic approaches:
Approach 1: Technical Analysis Paired With Price Action
Approach 2: Machine Learning By Studying Historical Prices
Approach 1: Technical Analysis Paired With Price Action
Relaxo Footwears Share Price Target For 2024
The line chart displays the monthly closing prices of Relaxo Footwears with a black line. The green line shows three potential target prices for 2024, while the red line indicates three potential Stop Loss levels.
For detailed target and stop loss values for Relaxo Footwears shares in 2024, see the table below.
Relaxo Footwears Share Price Target Table For 2024
| Level | Value | Analysis |
|---|---|---|
| 2024 Target 3 | 657.95 (+4.95%) | Price Action: 16 Dec 2024 High |
| 2024 Target 2 | 649.0 (+3.52%) | Price Action: 26 Nov 2024 High |
| 2024 Target 1 | 641.9 (+2.39%) | Price Action: Apr 2020 High |
| Current Price | 626.90 | Relaxo Footwears's share price as of 20 Dec 2024 |
| Stop Loss 1 | 625.35 (-0.25%) | Price Action: Dec 2024 Low |
| Stop Loss 2 | 618.41 (-1.36%) | Price Action: Jun 2020 Low |
| Stop Loss 3 | 606.23 (-3.30%) | Price Action: Jan 2020 Low |
Short-Term Technical Outlook
Current Technical Position: Relaxo Footwears is displaying bearish momentum trading below key moving averages.
Key Technical Level: The 25-day moving average at ₹655.69 serves as the nearest technical reference point.
Historical Returns: 3-month: -22.71% | 6-month: -23.94% | 1-year: -30.36%
Relaxo Footwears Share Price Target For 2025
The line chart displays the monthly closing prices of Relaxo Footwears with a black line. The green line shows three potential target prices for 2025, while the red line indicates three potential Stop Loss levels.
For detailed target and stop loss values for Relaxo Footwears shares in 2025, see the table below.
Relaxo Footwears Share Price Target Table For 2025
| Level | Value | Analysis |
|---|---|---|
| 2025 Target 3 | 863.12 (+37.68%) | Price Action: Chart |
| 2025 Target 2 | 847.03 (+35.11%) | Price Action: Chart |
| 2025 Target 1 | 838.64 (+33.77%) | Fibonacci Extension Level 64.90% |
| Current Price | 626.90 | Relaxo Footwears's share price as of 20 Dec 2024 |
| Stop Loss 1 | 583.05 (-7.00%) | Price Action: Aug 2020 Low |
| Stop Loss 2 | 574.2 (-8.41%) | Price Action: May 2020 Low |
| Stop Loss 3 | 567.68 (-9.45%) | Price Action: Dec 2019 Low |
Long-Term Technical Outlook
52-Week Range Analysis: Relaxo Footwears is currently trading near its 52-week low of ₹625, indicating potential value opportunity.
Long-Term Trend Analysis: The stock is in a bearish long-term trend, trading below key long-term moving averages.
Long-Term Performance: 1-year: -30.36% | 3-year: -51.84% | 5-year: +3.13%
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Approach 2: Machine Learning By Studying Historical Prices
Relaxo Footwears Share Price Target Chart and Table From 2024, 2025, 2026 to 2039
| Year | Target 1 | Target 1 YoY Chg % | Target 2 |
|---|---|---|---|
| Current Price | ₹626.90 | ||
| 2024 | ₹688.94 | +9.90% | ₹699.27 |
| 2025 | ₹553.59 | -19.65% | ₹694.02 |
| 2026 | ₹421.30 | -23.90% | ₹522.36 |
| 2027 | ₹529.61 | +25.71% | ₹558.56 |
| 2028 | ₹505.89 | -4.48% | ₹521.15 |
| 2029 | ₹529.10 | +4.59% | ₹547.01 |
| 2030 | ₹599.26 | +13.26% | ₹612.48 |
| 2031 | ₹581.27 | -3.00% | ₹602.37 |
| 2032 | ₹556.25 | -4.30% | ₹571.29 |
| 2033 | ₹546.84 | -1.69% | ₹555.04 |
Note: Target 1 and Target 2 represent price levels that the stock is most likely to achieve during the respective year, based on machine learning algorithms analyzing historical price patterns and market behavior. These predictions are generated through comprehensive analysis of the stock's historical data using advanced ML models.
Relaxo Footwears Brief Company Overview
Relaxo Footwears: A Trusted Name in Footwear Relaxo Footwears Limited is a leading Indian footwear manufacturer established in 1976. With its headquarters in New Delhi, India, the company caters to both domestic and international markets. Key Products: Casual shoes, running...
shoes, athleisure shoes, formal shoes, sports shoes, school shoes, training shoes, gym shoes, slippers, sandals, flip flops, slides, chappals, belles, casuals, and clogs. Brands: Relaxo, Bahamas, Flite, Sparx, BOSTON, Mary Jane, Casualz, and KidsFun. Distribution Channels: Exclusive brand outlets and e-commerce portals. Relaxo Footwears has earned a strong reputation for its commitment to quality and innovation. Its diverse product range caters to the varied needs of customers across age groups and lifestyles.Relaxo Footwears Financial Performance
| Metric | Value | Description |
|---|---|---|
| Market Capital | 20,473.97 Crore | Market valuation of Relaxo Footwears's shares. |
| Revenue (TTM) | 2,914.06 Crore | Total revenue generated by Relaxo Footwears over the past twelve months. |
| Net Income (TTM) | +2,004,700,032.00 | Net Profit or Loss after all the expenses over the past twelve months. |
| Operating Margin | +10.95% | Income from operations as a percentage of revenue, before taxes and interest. |
| Profit Margin | +6.87% | Net income as a percentage of revenue, after all expenses. |
| Revenue Growth (Quarterly) |
-2.30% | Change in revenue compared to the previous quarter. |
| Earnings Growth (YOY Quarterly) |
-3.00% | Change in earnings compared to the same quarter last year. |
| Debt-to-Equity (D/E) Ratio |
10.24 | Company's total debt divided by total shareholder equity. |
| Total Debt | 204.96 Crore | Sum of Relaxo Footwears's current & long-term financial obligations. |
| Total Cash | 180.56 Crore | Total amount of liquid funds available to Relaxo Footwears. |
| Beta | 0.3 | Beta is less than 1 indicating that the Relaxo Footwears's price is less volatile than the market. |
Is Relaxo Footwears A Good Buy For Long Term?
Relaxo Footwears, a largecap stock with strong revenue and profitability, could be considered a potential buy for long-term investment. Despite a recent decline in quarterly earnings, the company maintains a healthy profit margin and has shown consistent growth over the past 5 years. The company's debt levels are manageable and it has a healthy cash balance, indicating financial stability.
Disclaimer: The information provided on this page is for educational purposes only and should not be considered as financial advice. Historical performance data and technical analysis cannot guarantee future results. Stock investments are subject to market risks. Please consult with a qualified financial advisor before making any investment decisions.
All stock data shown is sourced from publicly available information and while we strive for accuracy, we cannot guarantee the absolute accuracy of all figures. Users should verify critical information from official sources before making investment decisions.
