Relaxo Footwears Faces Continued Decline Amid Broader Market Weakness

Relaxo Footwears has experienced a significant decline today, with shares dropping by 5.34% as of July 31, 2025. The stock has underperformed its sector by 3.12%, marking a consecutive two-day losing streak that has resulted in a total decline of 6.24%. Opening the day with a loss of 2.64%, Relaxo Footwears reached an intraday low of Rs 457.45, reflecting a decrease of 5.29%.
In terms of moving averages, the stock is currently positioned higher than its 50-day and 100-day moving averages but falls below the 5-day, 20-day, and 200-day averages. This indicates a mixed performance in the short to medium term.

The broader market context shows the Sensex opening lower at 80,695.50, down 786.36 points, and currently trading at 80,897.67, a decline of 0.72%. Over the past three weeks, the Sensex has also faced a downturn, losing 1.94%.

In terms of longer-term performance, Relaxo Footwears has seen a 47.25% decline over the past year, contrasting sharply with the Sensex's modest drop of 1.02%. Year-to-date, the stock is down 26.26%, while the Sensex has gained 3.54%.