We recommend you to use RELAXO FOOTWEARS LTD fundamental analysis to see if markets are now mispricing the firm. In other words this interface allows you to confirm available drivers of RELAXO FOOTWEARS LTD as well as the relationship between them. We found thirty-one available financial ratios for RELAXO FOOTWEARS LTD which can be compared to its competitors. To make sure the equity is not overpriced, please check all RELAXO FOOTWEARS LTD fundamentals including its Debt to Equity, and the relationship between EBITDA and Beta . Use RELAXO FOOTWEARS to protect your portfolios against small markets fluctuations. The stock experiences normal downward trend and little activity. Check odds of RELAXO FOOTWEARS to be traded at 494.01 in 30 days.
Chance of Financial Distress
RELAXO FOOTWEARS LTD has less than 1 (%) percent chance of experiencing financial distress in the next 2 years of operations. More Info
RELAXO FOOTWEARS competes with BATA INDIA, SPENTA INTERNATIONAL, and Baroda ELSS. Relaxo Footwears Limited manufactures and sells footwear for men, women, and children worldwide. Relaxo Footwears Limited was founded in 1976 and is headquartered in New Delhi, India. RELAXO FOOTWEARS operates under Footwear Accessories classification in India and is traded on Bombay Stock Exchange. It employs 6254 people.
RELAXO FOOTWEARS LTD is currently regarded as top stock in total asset category among related companies. It is rated second in net income category among related companies making up about 0.18 of Net Income per Total Asset. The ratio of Total Asset to Net Income for RELAXO FOOTWEARS LTD is roughly 5.57
RELAXO FOOTWEARS LTD Systematic Risk
The output start index for this execution was sixty with a total number of output elements of one. The Beta measures systematic risk based on how returns on RELAXO FOOTWEARS LTD correlated with the market. If Beta is less than 0 RELAXO FOOTWEARS generally moves in the opposite direction as compared to the market. If RELAXO FOOTWEARS Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one RELAXO FOOTWEARS LTD is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of RELAXO FOOTWEARS is generally in the same direction as the market. If Beta > 1 RELAXO FOOTWEARS moves generally in the same direction as, but more than the movement of the benchmark. View also all equity analysis or get more info about beta statistic functions indicator.
RELAXO FOOTWEARS October 15, 2019 Opportunity Range