|
09 Sep 2025 |
Relaxo Footwears
|
Consensus Share Price Target
|
495.10 |
480.36 |
- |
-2.98 |
hold
|
|
|
|
|
15 May 2023
|
Relaxo Footwears
|
Axis Direct
|
495.10
|
980.00
|
876.25
(-43.50%)
|
|
Buy
|
|
|
Recommendation With a 10% upside potential from the CMP, we upgrade the stock to BUY
|
|
12 May 2023
|
Relaxo Footwears
|
Sharekhan
|
495.10
|
1005.00
|
876.25
(-43.50%)
|
|
Buy
|
|
|
|
|
10 Feb 2023
|
Relaxo Footwears
|
Sharekhan
|
495.10
|
930.00
|
752.95
(-34.25%)
|
Target met |
Buy
|
|
|
|
|
06 Feb 2023
|
Relaxo Footwears
|
Axis Direct
|
495.10
|
850.00
|
776.15
(-36.21%)
|
Target met |
Hold
|
|
|
We maintain our HOLD rating on the stock.
|
|
06 Feb 2023
|
Relaxo Footwears
|
ICICI Direct
|
495.10
|
745.00
|
776.15
(-36.21%)
|
|
Hold
|
|
|
|
|
05 Feb 2023
|
Relaxo Footwears
|
Motilal Oswal
|
495.10
|
750.00
|
804.70
(-38.47%)
|
Target met |
Neutral
|
|
|
|
|
04 Nov 2022
|
Relaxo Footwears
|
ICICI Direct
|
495.10
|
930.00
|
937.00
(-47.16%)
|
Target met |
Hold
|
|
|
|
|
04 Nov 2022
|
Relaxo Footwears
|
Axis Direct
|
495.10
|
950.00
|
937.00
(-47.16%)
|
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
|
495.10
|
900.00
|
937.00
(-47.16%)
|
Target met |
Neutral
|
|
|
|
|
19 Sep 2022
|
Relaxo Footwears
|
Motilal Oswal
|
495.10
|
1020.00
|
1068.30
(-53.66%)
|
Target met |
Neutral
|
|
|
|