|
10 Sep 2025 |
Relaxo Footwears
|
Consensus Share Price Target
|
494.95 |
480.36 |
- |
-2.95 |
hold
|
|
|
|
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29 Jul 2022
|
Relaxo Footwears
|
ICICI Direct
|
494.95
|
1060.00
|
982.70
(-49.63%)
|
Target met |
Hold
|
|
|
|
|
13 Jun 2022
|
Relaxo Footwears
|
Axis Direct
|
494.95
|
1100.00
|
974.90
(-49.23%)
|
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
|
Axis Direct
|
494.95
|
1120.00
|
1018.70
(-51.41%)
|
|
Buy
|
|
|
We maintain a positive stance on the stock from a long-term perspective in light of immense growth potential, as we maintain our buy rating with a revised TP of Rs 1,120/share assigning a target multiple of 57x PE to FY24E EPS.
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|
16 May 2022
|
Relaxo Footwears
|
ICICI Direct
|
494.95
|
1100.00
|
1018.70
(-51.41%)
|
Target met |
Hold
|
|
|
|
|
01 Feb 2022
|
Relaxo Footwears
|
Axis Direct
|
494.95
|
1350.00
|
1264.80
(-60.87%)
|
|
Buy
|
|
|
We maintain a positive stance on the stock from a long-term perspective in light of immense growth potential, as we maintain our BUY rating with a revised TP of Rs 1,350/share assigning a target multiple of 57x PE to FY24E EPS.
|
|
31 Jan 2022
|
Relaxo Footwears
|
ICICI Securities Limited
|
494.95
|
1330.00
|
1231.00
(-59.79%)
|
Target met |
Hold
|
|
|
Relaxo has, over the years, maintained balance sheet prudence with controlled working capital cycle (NWC days: 60 days), healthy asset turns of 2.5x and generating RoCE of 20%+...
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|
02 Nov 2021
|
Relaxo Footwears
|
ICICI Securities Limited
|
494.95
|
1410.00
|
1334.65
(-62.92%)
|
Target met |
Hold
|
|
|
Relaxo over the years has maintained b/s prudence with controlled WC cycle (NWC days: 60), healthy asset turn of 2.5x, generating RoCE of 20%+ Q2FY22 Results: Revenue came in line with estimates, profitability was below our...
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|
02 Aug 2021
|
Relaxo Footwears
|
Axis Direct
|
494.95
|
1060.00
|
1148.50
(-56.90%)
|
Target met |
Hold
|
|
|
We reduce our FY22/23/24 estimates on account of slower-than-expected recovery and revise our rating from BUY to HOLD with a revised TP of Rs 1,060/share (previous: 1,145/share) and value at a target PE multiple of 55x FY24E EPS.
|
|
02 Aug 2021
|
Relaxo Footwears
|
ICICI Securities Limited
|
494.95
|
1330.00
|
1148.50
(-56.90%)
|
Target met |
Buy
|
|
|
Relaxo has, over the years, maintained balance sheet prudence with controlled working capital cycle (NWC days: 60 days), healthy asset turn of 2.5x and generating RoCE of 20%+...
|
|
25 May 2021
|
Relaxo Footwears
|
Axis Direct
|
494.95
|
1145.00
|
1099.15
(-54.97%)
|
Target met |
Buy
|
|
|
We continue to maintain BUY with a TP of Rs. 1,145/ share and we roll forward to FY24E numbers with a target PE multiple of 57x FY24E EPS.
|