Relaxo Footwears Hits 52-Week Low Amid High Volatility and Sector Underperformance

Feb 07 2025 10:05 AM IST
share
Share Via
Relaxo Footwears has reached a new 52-week low, reflecting significant volatility and underperformance compared to its sector. The stock has struggled over the past year, declining nearly 40%, while the broader market has seen positive gains. It is currently trading below multiple moving averages, indicating a bearish trend.
Relaxo Footwears, a midcap player in the consumer durables sector, has experienced significant activity today, reaching a new 52-week low of Rs. 523.7. This decline marks a notable shift in the stock's performance, as it has underperformed its sector by 0.55%. Throughout the trading session, Relaxo Footwears saw an intraday high of Rs. 574.55, reflecting a 6.84% increase at its peak, but ultimately closed lower.

The stock has exhibited high volatility today, with an intraday volatility rate of 8.48%, indicating fluctuating investor sentiment. Additionally, Relaxo Footwears is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a bearish trend in its short to long-term performance.

Over the past year, Relaxo Footwears has faced challenges, with a decline of 39.90%, contrasting sharply with the Sensex's positive performance of 8.12%. This disparity highlights the stock's struggles within the broader market context.
{{stockdata.stock.stock_name.value}} Live

{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)

{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)


Our weekly and monthly stock recommendations are here
Loading...
{{!sm.blur ? sm.comp_name : ''}}
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Entry Price
Target Price
{{sm.target_price }} ({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News