Relaxo Share Price Target 2040, 2030, 2025, 2024, 2023, 2022

Relaxo Share Price Target, Forecast, Prediction 2040, 2030, 2025, 2024, 2023, 2022: Traders, Investor, Research Analyst are forecasting the Relaxo Stock, we can see the Relaxo Share Target price and Fundamental Details.

On this page we will see information on Relaxo Today Share Price, Relaxo future price, Relaxo Stocks Fundamentals and Market cap, PE Ration etc.. we are collected all the information form nseindia.com website.

It is up to them to decide for themselves whether or not to invest in Relaxo shares. We provide you with an knowledge of Relaxo shares through this page. We also report on the extent to which Relaxo shares will rise in the coming years. So, You can approach their financial advisor and ask for ideas before investing in Relaxo Shares.

Relaxo Share Price Target and Forecast- Basic Details

Sector Footwear
Name Relaxo (Midcap)
NSE SYMBOL RELAXO
Market Cap 26519 Cr
Stock P/E 112
Book Value 70.7
Return on Capital Employed ROCE 17.6%
ROE 13.6%
website https://www.relaxofootwear.com/
52 week High Rs.1448/-
52 Week Low Rs.925/-

Relaxo Target 2022, 2023, 2024, 2025, 2030, 2040

Relaxo Footwears Limited is engaged in the manufacturing and trading of footwear and related products.. Relaxo Footwears Limited is the largest footwear manufacturing company in India, which deals in non-leather products i.e. rubber/EVA slippers, canvas shoes, sport shoes, sandals, school shoes and other types of footwear. It is also the leader in ‘value’ segment footwear.

Relaxo compounded annual growth rate is 15.69%,  52 Week highest 1560 and 52 week low is 925, total number of shareholders present in Relaxo 3.3L and its market capital is 26519 Crores

Relaxo Stock performance

Relaxo is comes under Small cap Category. For the Past one Year, 52 week high is Rs.1448/- and 52 week low is Rs.925/-, Now the Spot price is Rs.968/- (31.10.2022). Relaxo Trades Cash Market. Relaxo Dividend Yield is 0.23%. Analysts have suggested that investors can buy this stock 30%. In last 3 months, mutual fund holding of the company has almost stayed Constant, Foreign institutional holding of the company has almost stayed constant. Number of shareholders is 330000.

Shareholding Pattern June 2022

Promoter Holding 70.78%
Mutual Funds 7.06%
Foreign Institutions 3.15%
Domestic Institutions 0%
Retails and Others 19%

Relaxo Share Target 2022

Let’s see what Relaxo shares will look like in 2022. As of 31.10.2022 Relaxo shares are currently trading at 968 Rupees.

According to fibonacci retracement, Relaxo stock is cross the Golden Ratio of 0.618. Its current price is Rs 968. So if 0.618 golden ratio retracement then next target Relaxo stock is predicted to go up to Rs 1219. All these are predicted in monthly time frame.

Year 2022
Target 1 1219+
Target 2 1388+

 

Relaxo Share Price Target 2023

Recently Relaxo stock price touched a new high. basically Relaxo is fundamentally very good small company in India. the market players plays a very big role in Relaxo shares. ok let’s see how Relaxo perform in 2023

Peers of the Relaxo

  • Bata India Limited
  • Campus Activewear
  • Metro Brands Limited
  • Mirza International Limited
Year 2023
Target 1 1388+
Target 2 1525+

Relaxo Share Price Target 2024

Year 2024
Target 1 1525+
Target 2 1661+

Relaxo Share Price Target 2025, 2030, 2040

Year Target Price
2025 1856
2027 5104
2030 4138
2040 3979
2050 5138

Strength of Relaxo

  • Company is expected to give good quarter
  • Company has delivered good profit growth of 112% CAGR over last 5 years
  • Company has a good return on equity (ROE) track record: 3 Years ROE 38.9%
  • Company has been maintaining a healthy dividend payout of 18.3%

Weakness of Relaxo

  • Stock is trading at 22.3 times its book value

Conclusion – Final Words

the above said all the information are personally calculated by me. and I am not a SEBI registered advisor. so before investing Relaxo you may discuss your financial advisor. and above information goes may be right or it may be wrong, so decision is yourself.

In this Article we see Relaxo Share Price Today and Target 2022, 2023, 2024, 2025, Relaxo Dividend, Relaxo shares dividend, if any doubts ask through comment section, our team resolved the doubts as soon as possible.

Disclaimer: In this article, we have just collect the Relaxo company share data, also we are not a SEBI registered advisor. We have not provided any investment advice on this shares. Before doing any investment or trading please study yourself or take the advice from your financial advisor.

Also Read

Leave a Comment