Intrinsic value

Stock has been generating better return on equity than bank FD

ROE vs FD rates

Stock doesn't offer attractive dividend returns

Dividend Returns

Good time to consider, as stock is not in overbought zone

Entry point

Stock not in ASM/GSM lists and not a lot of promoter holding is pledged

No Red Flags

Saurabh Mukherjea’s Marcellus Investment Managers has added this Tata group stock in rising giants portfolio after ending its long love affair with Relaxo Footwear shares

Multibagger Tata stock enters Saurabh Mukherjea’s rising giants portfolio

Rising Giants Portfolio Update: Tata Stock Enters, Love Affair with Relaxo Ends

Is the worst over for one of India’s largest footwear companies?

Relaxo Footwears: Will it stop biting and start performing in 2023?

Some market experts call the reversal a courageous call that saves investors from underperformance

Saurabh Mukherjea’s Marcellus ends love affair with Relaxo Footwears after calling its chappals wealth creators

Of the three, Haitong prefers Metro “on the back of aggressive store addition, wide portfolio of brands and lean operating model.”

Haitong Initiates ‘Outperform’ Coverage On Footwear Firms Campus, Relaxo, Metro; Downgrades Bata

Relaxo Footwears Ltd recorded volume of 3.93 lakh shares by 14:09 IST on NSE, a 4.95 times surge over two-week average daily volume of 79435 shares

Volumes soar at Relaxo Footwears Ltd counter

a) Retained Long term rating of Rs. 140.00 crore on Fund based facilities of the Company at [ICRA] AA (pronounced as ICRA double A). The outlook on the long term rating has been revised to Stable from Positive.

Relaxo Footwears receives ratings action from ICRA

Relaxo lags behind peers in the quarter, given demand weakness, price cuts, and higher input costs

Big shoes to fill for footwear firms as near-term margin worries bite

ICICI Direct recommended hold rating on Relaxo Footwears with a target price of Rs 930 in its research report dated November 04, 2022.

Hold Relaxo Footwears; target of Rs 930: ICICI Direct

Saurabh Mukherjea, Founder of Marcellus Investment Managers, shares his views on Relaxo Footwears stocks. Listen in: 

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n18oc_business

Marcellus Investment Managers Saurabh Mukherjea Shares His Views On Relaxo Footwears | CNBC-TV18

Sharekhan is bullish on Relaxo Footwear has recommended buy rating on the stock with a target price of Rs 1185 in its research report dated November 03, 2022.

Buy Relaxo Footwear; target of Rs 1185: Sharekhan

Relaxo Footwears Limited is engaged in the manufacturing and trading of footwear and related products.

Relaxo Footwears Ltd

Relaxo Footwears Ltd

Intrinsic value
Intrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

ROE vs FD rates
Fixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD

Dividend Returns
A dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry point
High demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock

News & Opinions

Multibagger Tata stock enters Saurabh Mukherjea’s rising giants portfolio

Rising Giants Portfolio Update: Tata Stock Enters, Love Affair with Relaxo Ends

Relaxo Footwears: Will it stop biting and start performing in 2023?

Saurabh Mukherjea’s Marcellus ends love affair with Relaxo Footwears after calling its chappals wealth creators

Haitong Initiates ‘Outperform’ Coverage On Footwear Firms Campus, Relaxo, Metro; Downgrades Bata

Volumes soar at Relaxo Footwears Ltd counter

Relaxo Footwears receives ratings action from ICRA

Relaxo Footwears Ltd

Intrinsic valueIntrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

ROE vs FD ratesFixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD

Dividend ReturnsA dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry pointHigh demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock

News & Opinions

Multibagger Tata stock enters Saurabh Mukherjea’s rising giants portfolio

Rising Giants Portfolio Update: Tata Stock Enters, Love Affair with Relaxo Ends

Relaxo Footwears: Will it stop biting and start performing in 2023?

Saurabh Mukherjea’s Marcellus ends love affair with Relaxo Footwears after calling its chappals wealth creators

Haitong Initiates ‘Outperform’ Coverage On Footwear Firms Campus, Relaxo, Metro; Downgrades Bata

Volumes soar at Relaxo Footwears Ltd counter

Relaxo Footwears receives ratings action from ICRA

Intrinsic value
Intrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

ROE vs FD rates
Fixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD

Dividend Returns
A dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry point
High demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock