Relaxo Footwears Ltd Hits Intraday High with 7.03% Surge on 30 Jan 2026

Intraday Price Movement and Volatility

On the trading day, Relaxo Footwears Ltd recorded a significant gain of 7.03%, closing well above its recent averages. The stock’s intraday volatility was measured at 7.37%, reflecting heightened price fluctuations throughout the session. This volatility was calculated based on the weighted average price, indicating active participation from market participants.

The stock touched its peak price of Rs 403.15 during the day, representing an 8.81% rise from the previous day’s closing price. This intraday high was a key highlight, underscoring the strong buying momentum observed in the stock.

Comparison with Sector and Market Benchmarks

Relaxo Footwears Ltd’s performance notably outpaced the consumer durables sector, which gained 3.04% on the same day. The stock outperformed the sector by 6.12%, signalling a distinct strength relative to its peers. In contrast, the Sensex opened lower at 81,947.31, down by 619.06 points (-0.75%), and was trading at 82,303.74 (-0.32%) during the session, indicating a subdued broader market environment.

Despite the Sensex’s modest decline, Relaxo Footwears Ltd delivered a positive return of 6.09% for the day, highlighting its resilience amid broader market pressures.

Moving Averages and Technical Positioning

The stock’s price currently trades above its 5-day, 20-day, and 50-day moving averages, signalling short- to medium-term upward momentum. However, it remains below its 100-day and 200-day moving averages, suggesting that longer-term trends have yet to fully align with the recent strength. This mixed technical picture indicates that while the stock is gaining traction in the near term, it has not yet broken through longer-term resistance levels.

Recent Performance Trends

Examining Relaxo Footwears Ltd’s performance over various time frames reveals a mixed trend. The stock has outperformed the Sensex over the past week, gaining 10.04% compared to the Sensex’s 0.94% rise. Over the month, the stock declined by 1.87%, slightly better than the Sensex’s 2.80% fall. However, over three months, the stock’s decline of 11.10% was more pronounced than the Sensex’s 2.49% drop.

Longer-term performance shows challenges, with the stock down 28.28% over one year and 51.28% over three years, contrasting with the Sensex’s positive returns of 7.22% and 38.32% respectively. Over five years, Relaxo Footwears Ltd has declined by 52.27%, while the Sensex gained 77.82%. Despite these declines, the stock has delivered a 68.24% return over ten years, though this lags the Sensex’s 230.93% gain.

Market Capitalisation and Mojo Ratings

Relaxo Footwears Ltd holds a Market Cap Grade of 3, reflecting its mid-tier market capitalisation status within the footwear sector. The company’s Mojo Score stands at 35.0, with a current Mojo Grade of Sell. This represents an improvement from its previous Strong Sell grade, which was updated on 10 Nov 2025. The upgrade in rating indicates a relative improvement in the company’s financial or market metrics, though the overall assessment remains cautious.

Sector and Broader Market Context

The consumer durables sector, to which Relaxo Footwears Ltd belongs, showed positive momentum with a 3.04% gain on the day. This sectoral strength contrasts with the broader market’s subdued performance, as the Sensex traded below its 50-day moving average, though the 50DMA remains above the 200DMA, suggesting a cautiously positive medium-term market trend.

Trading Activity and Market Sentiment

Trading volumes and price action indicate a strong intraday interest in Relaxo Footwears Ltd, with the stock’s volatility and price gains suggesting active buying pressure. The stock’s ability to outperform both its sector and the broader market on a day when the Sensex declined points to selective strength within the footwear segment.

While the stock remains below its longer-term moving averages, the current price action reflects a positive shift in momentum that may attract further attention from traders monitoring short- and medium-term trends.

Summary of Key Metrics

To summarise, Relaxo Footwears Ltd’s key intraday metrics on 30 Jan 2026 include:

• Intraday high of Rs 403.15, up 8.81%


• Day change of +7.03%


• Intraday volatility of 7.37%


• Outperformance of sector by 6.12%


• Trading above 5, 20, and 50-day moving averages


• Mojo Score of 35.0 with a Sell grade

These figures highlight the stock’s strong intraday performance amid a mixed broader market environment.

Conclusion

Relaxo Footwears Ltd’s surge to its intraday high on 30 Jan 2026 underscores a day of strong price action and volatility. The stock’s outperformance relative to its sector and the Sensex, combined with its position above key short-term moving averages, reflects a notable shift in trading dynamics. While longer-term trends remain cautious, the intraday gains and active trading suggest a renewed focus on the stock within the footwear sector.

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