Home / Share Price Target / Relaxo
Relaxo Footwears Share Price Target 2024, 2025, 2026 to 2039 With Charts
Relaxo Footwears Limited | |||
 | Symbol: RELAXO | ||
| Price: ₹678 | |||
| Exchange: NSE | |||
| Consumer Cyclical -> Footwear & Accessories | |||
Show Table of Contents
Table of Contents
- 1: Relaxo Footwears Brief Company Overview
- 1.1: Relaxo Footwears: A Trusted Name in Footwear
- 1.2: Relaxo Footwears Financial Performance
- 1.2.1: Is Relaxo Footwears A Good Buy For Long Term?
- 2: Approach 1: Technical Analysis Paired With Price Action
- 2.1: Relaxo Footwears Share Price Target For 2024
- 2.1.1: Relaxo Footwears Share Price Target Table For 2024
- 2.1.2: Summary: Relaxo Footwears Share Price Prediction For 2024
- 2.2: Relaxo Footwears Share Price Target For 2025
- 2.2.1: Relaxo Footwears Share Price Target Table For 2025
- 2.2.2: Summary: Relaxo Footwears Share Price Prediction For 2025
- 3: Approach 2: Machine Learning By Studying Historical Prices
- 3.1: Relaxo Footwears Long Term Share Price Prediction Chart From 2024, 2025, 2026 to 2039
- 3.2: Relaxo Footwears Share Price Target Table From 2024, 2025, 2026 to 2039
- 4: Relaxo Footwears Past Performance
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.
Advertisement
Relaxo Footwears Financial Performance
| Metric | Value | Description |
|---|---|---|
| Market Capital | 20,729.15 Crore | Market valuation of Relaxo Footwears's shares. |
| Revenue (TTM) | 2,942.92 Crore | Total revenue generated by Relaxo Footwears over the past twelve months. |
| Net Income (TTM) | +200.47 Crore | Net Profit or Loss after all the expenses over the past twelve months. |
| Operating Margin | 11.55% | Income from operations as a percentage of revenue, before taxes and interest. |
| Profit Margin | 6.81% | Net income as a percentage of revenue, after all expenses. |
| Revenue Growth (Quarterly) | -1.71% | Change in revenue compared to the previous quarter. |
| Earnings Growth (YOY Quarterly) | -3% | 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. |
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.
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.
Advertisement
Relaxo Footwears Share Price Target Table For 2024
| Relaxo Footwears's Levels | Value | Reason/Importance |
|---|---|---|
| 2024 Target 3 | 698.29 (+2.99%) | Fibonacci Extension Level 123.6% |
| 2024 Target 2 | 690.00 (+1.76%) | Price Action: Feb 2020 Low |
| 2024 Target 1 | 682.45 (+0.65%) | Custom Fibonacci Extension Lvl 23.6% |
| Current Price | 678.00 | Relaxo Footwears's 1 share price as of Thu 14 Nov 2024 |
| Stop Loss 1 | 676.63 (-0.21%) | Price Action: Chart |
| Stop Loss 2 | 669.69 (-1.23%) | Fibonacci Retracement Extended 28.2% |
| Stop Loss 3 | 659.44 (-2.74%) | Fibonacci Retracement Extended 82.6% |
Summary: Relaxo Footwears Share Price Prediction For 2024
In summary, Relaxo Footwears has declined by ₹-225.50, recording a notable -24.96% decrease from 1st January 2024 to 14 Nov 2024. Despite the setback, our analysis of Relaxo Footwears for 2024 predicts an additional rise of 0.65% to 2.99% by the end of 2024 with three potential targets T1: 682.45, T2: 690.00, T3: 698.29. Stop Loss at SL1: 676.63, SL2: 669.69, SL3: 659.44.
Relaxo Footwears has a 52-week high of ₹949.00, acting as a crucial resistance level - a ceiling that could challenge further price increase. Conversely, it has a 52-week low of ₹675.00, a critical support level - think of this as a safety net where the price might stop falling.
After looking at 2024's share price prediction, let's now check what 2025 might hold for Relaxo Footwears.
Stay ahead of the market! Get instant alerts on crucial market breakouts. Don't miss out on key opportunities!
Your phone number will be HIDDEN to other users.
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.
Advertisement
Relaxo Footwears Share Price Target Table For 2025
| Relaxo Footwears's Levels | Value | Reason/Importance |
|---|---|---|
| 2025 Target 3 | 887.49 (+30.89%) | Price Action: Chart |
| 2025 Target 2 | 870.94 (+28.45%) | Price Action: Chart |
| 2025 Target 1 | 862.32 (+27.18%) | Custom Fibonacci Extension Lvl 64.9% |
| Current Price | 678.00 | Relaxo Footwears's 1 share price as of Thu 14 Nov 2024 |
| Stop Loss 1 | 629.00 (-7.23%) | Price Action: Nov 2019 High |
| Stop Loss 2 | 614.10 (-9.43%) | Price Action: Jan 2020 Low |
| Stop Loss 3 | 603.05 (-11.06%) | Price Action: Chart |
Summary: Relaxo Footwears Share Price Prediction For 2025
In summary, Relaxo Footwears has declined by ₹-225.50, recording a notable -24.96% decrease from 1st January 2024 to 14 Nov 2024. Despite the setback, our analysis of Relaxo Footwears for 2025 predicts an additional rise of 27.18% to 30.89% by the end of 2025 with three potential targets T1: 862.32, T2: 870.94, T3: 887.49. Stop Loss at SL1: 629.00, SL2: 614.10, SL3: 603.05.
Relaxo Footwears has a All-Time high of ₹1448.00, acting as a crucial resistance level - a ceiling that could challenge further price increase. Conversely, it has a 52-week low of ₹675.00, a critical support level - think of this as a safety net where the price might stop falling.
After looking at 2024's and 2025's share price prediction, you might wonder what are short term targets for Relaxo Footwears, we have created a specific page for that check here: Relaxo Footwears Share Price Target For Tomorrow & Next Week
Stay ahead of the market! Get instant alerts on crucial market breakouts. Don't miss out on key opportunities!
Your phone number will be HIDDEN to other users.
Approach 2: Machine Learning By Studying Historical Prices
Relaxo Footwears Long Term Share Price Prediction Chart From 2024, 2025, 2026 to 2039
This chart presents a detailed projection of Relaxo Footwears share price predictions from 2024, 2025, 2026 to 2039. This share price Prediction represents a CAGR of -3.34% over the next 9 years.
For complete year by year Relaxo Footwears long term share price target from 2024, 2025 to 2039 check the below table.
Relaxo Footwears Share Price Target Table From 2024, 2025, 2026 to 2039
| Year | Relaxo Footwears Target | YoY Change % |
|---|---|---|
| 2024 | ₹678 | [Current Price] |
| 2024 | ₹708.26 | 4.46% |
| 2025 | ₹592.83 | -16.3% |
| 2026 | ₹482.16 | -18.67% |
| 2027 | ₹529.61 | 9.84% |
| 2028 | ₹505.89 | -4.48% |
| 2029 | ₹529.1 | 4.58% |
| 2030 | ₹599.26 | 13.26% |
| 2031 | ₹581.27 | -3.01% |
| 2032 | ₹556.25 | -4.31% |
| 2033 | ₹539.55 | -3.01% |
Stay ahead of the market! Get instant alerts on crucial market breakouts. Don't miss out on key opportunities!
Your phone number will be HIDDEN to other users.
Relaxo Footwears Past Performance
- In 2011, Relaxo Footwears opening price was ₹14.99
- As of Thu 14 Nov 2024 the price stands at ₹678.
- This represents a Compound Annual Growth Rate (CAGR) of 31.29%.
- In 13 years, an investment of 10,000 would have become ₹4.52 Lakh.
As we wrap up, we hope you like our study on Relaxo Footwears share price predictions, please kindly note that these forecasts are based on technical analysis, past trends, and machine learning models. They are for educational purposes only, not investment advice.
Show Methodology We Use
Methodology Behind the Prediction
The share price predictions present on our site are derived from a robust model that incorporates multiple economic indicators, technical indicators, company performance metrics, and industry-specific factors.
We have historical share price data of all stocks for which we present targets, so we analyse historical trends from those past data and overlay them with projected market conditions to estimate future share prices of a stock.
- Relaxo Footwears Share Price History
- Relaxo Footwears Price Target Tomorrow
- Relaxo Footwears Dividend History
Disclaimer: Information is provided 'as is' and solely for informational and educational purposes, not for trading purposes or advice. We highly recommend to do your own research before making any investment.
