Relaxo Footwears Faces Significant Stock Decline Amid Broader Market Challenges in February 2025

Relaxo Footwears, a midcap player in the consumer durables sector, has experienced significant downward movement in its stock price, losing 5.16% on February 14, 2025. The stock reached a new 52-week low of Rs. 468.05 during the trading session, reflecting a broader trend of underperformance compared to its sector, which has declined by 2.56%.
Over the past six days, Relaxo Footwears has seen a cumulative drop of 12.68%, indicating a sustained period of negative returns. The stock's intraday low of Rs. 468.05 marked a decline of 4.95% from the previous close. 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 terms of broader market performance, Relaxo Footwears' one-day decline of 5.28% stands in stark contrast to the Sensex, which fell by only 0.84%. Over the past month, the stock has plummeted by 20.27%, while the Sensex has seen a modest decline of 1.31%. This performance highlights the challenges facing Relaxo Footwears in the current market environment.