Relaxo Footwears Shows Resilience Amid Broader Market Downturn and Mixed Long-Term Trends

Relaxo Footwears has shown significant activity today, with a notable gain of 5.46% on May 22, 2025. The stock has outperformed its sector by 5.4%, marking a positive trend as it has recorded consecutive gains over the last two days, accumulating a total return of 6.91% during this period. The stock reached an intraday high of Rs 457.6, reflecting a rise of 5.93%.
In terms of moving averages, Relaxo Footwears is currently trading above its 5-day, 20-day, and 50-day moving averages, although it remains below the 100-day and 200-day moving averages. This positioning indicates a mixed performance in the context of longer-term trends.

While the broader market is experiencing a downturn, with the Sensex falling by 0.84% after a negative opening, Relaxo Footwears has managed to maintain its upward trajectory. Over the past week, the stock has gained 4.72%, contrasting with the Sensex's decline of 1.96%. However, the longer-term performance shows that Relaxo Footwears has faced challenges, with a year-to-date decline of 26.79% compared to the Sensex's gain of 3.55%.