Relaxo Footwears Ltd, one of India’s leading footwear companies
👟 Brand Portfolio
Relaxo operates under several well-known sub-brands:
- Sparx – Sporty and casual shoes
- Flite – Lightweight slippers and sandals
- Bahamas – Youth-centric flip-flops
- Schoolmate – School shoes
- Boston, Belle, Mary Jane, Kid’s Fun – Niche and seasonal offering
🌍 Market Position
- Largest footwear manufacturer in India by volume
- Second-largest by revenue
- Ranked among India’s Top 500 Most Valuable Companies
- Strong presence in value segment (non-leather products like EVA/rubber slippers and canvas shoes)
TECHNICAL
- Momentum: Strong short-term bullish breakout
- Trend: Above key moving averages with RSI and MFI confirming strength
- Watch Zone: 500–510 for resistance; 470–480 as support
SHORT TERM TGT- 575-600
LONG TERMG TGT- 750-900
👟 Brand Portfolio
Relaxo operates under several well-known sub-brands:
- Sparx – Sporty and casual shoes
- Flite – Lightweight slippers and sandals
- Bahamas – Youth-centric flip-flops
- Schoolmate – School shoes
- Boston, Belle, Mary Jane, Kid’s Fun – Niche and seasonal offering
🌍 Market Position
- Largest footwear manufacturer in India by volume
- Second-largest by revenue
- Ranked among India’s Top 500 Most Valuable Companies
- Strong presence in value segment (non-leather products like EVA/rubber slippers and canvas shoes)
TECHNICAL
- Momentum: Strong short-term bullish breakout
- Trend: Above key moving averages with RSI and MFI confirming strength
- Watch Zone: 500–510 for resistance; 470–480 as support
SHORT TERM TGT- 575-600
LONG TERMG TGT- 750-900
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.