|
22 Apr 2025 |
Relaxo Footwears
|
Consensus Share Price Target
|
418.45 |
567.57 |
- |
35.64 |
hold
|
|
|
|
|
06 Feb 2023
|
Relaxo Footwears
|
Axis Direct
|
418.45
|
850.00
|
776.15
(-46.09%)
|
Target met |
Hold
|
|
|
We maintain our HOLD rating on the stock.
|
|
06 Feb 2023
|
Relaxo Footwears
|
ICICI Direct
|
418.45
|
745.00
|
776.15
(-46.09%)
|
|
Hold
|
|
|
|
|
05 Feb 2023
|
Relaxo Footwears
|
Motilal Oswal
|
418.45
|
750.00
|
804.70
(-48.00%)
|
Target met |
Neutral
|
|
|
|
|
04 Nov 2022
|
Relaxo Footwears
|
ICICI Direct
|
418.45
|
930.00
|
937.00
(-55.34%)
|
Target met |
Hold
|
|
|
|
|
04 Nov 2022
|
Relaxo Footwears
|
Axis Direct
|
418.45
|
950.00
|
937.00
(-55.34%)
|
Target met |
Hold
|
|
|
However, given the near-term challenges, we are adopting a wait-and-watch approach and hence downgrade the stock to HOLD from BUY with a revised TP of Rs 950/ share (57x sep-24 EPS) vs. Rs 1,120/ share (57x its FY24E EPS) earlier.
|
|
03 Nov 2022
|
Relaxo Footwears
|
Motilal Oswal
|
418.45
|
900.00
|
937.00
(-55.34%)
|
Target met |
Neutral
|
|
|
|
|
19 Sep 2022
|
Relaxo Footwears
|
Motilal Oswal
|
418.45
|
1020.00
|
1068.30
(-60.83%)
|
Target met |
Neutral
|
|
|
|
|
29 Jul 2022
|
Relaxo Footwears
|
ICICI Direct
|
418.45
|
1060.00
|
982.70
(-57.42%)
|
Target met |
Hold
|
|
|
|
|
13 Jun 2022
|
Relaxo Footwears
|
Axis Direct
|
418.45
|
1100.00
|
974.90
(-57.08%)
|
Target met |
Buy
|
|
|
We recommend a BUY on the stock with a near-term TP of Rs 1,100/share implying an upside of 11% from the CMP.
|
|
16 May 2022
|
Relaxo Footwears
|
ICICI Direct
|
418.45
|
1100.00
|
1018.70
(-58.92%)
|
Target met |
Hold
|
|
|
|