Relaxo Footwears Ltd

Relaxo Footwear is an Indian footwear company and a brand that is popular with all ages. It is one of the leading footwear brands in India, with a healthy presence in domestic and international markets.

The company has expanded its operations since its inception and produced affordable footwear that appeals to Indian consumers. It has also enhanced its digital operations and is well-versed to handle the competition in the footwear industry. 

That being said, as of 25 April 2023, Relaxo Footwear shares have given returns of +18.16% over 3 years, and -27.54% over 1 year. 

Stock prices may be influenced by a broad range of factors, such as economic conditions, market trends, company performance, news events, investor sentiment, and demand for housing and infrastructure, among others. The future of any company, including LIC Housing Finance, will depend on some or all of these factors. 

Share prices in competitive markets like the footwear industry are affected by a range of factors. Relaxo Footwear’s share prices may be impacted by the following:

• Market and economic conditions
• Performance of the company
• Investor sentiment
• Competition
• Regulations and laws
• News and announcements

As of 25 April 2023, Relaxo Footwear shares have given returns of +18.16% over 3 years, and -27.54% over 1 year. 

The long-term growth potential of any company can be determined based on a number of factors at play. These factors are ever-changing and must be considered while attempting to gauge the long-term potential of any company, including a large footwear brand like Relaxo Footwear. The factors that may potentially affect long-term growth are: 

• Industry trends
• Market trends
• Company fundamentals and company performance
• Demand for the company’s products and services
• History of the company’s data

The last dividend was paid by Relaxo Footwear in 2022. There is no announcement of any upcoming dividend so far. 

Relaxo Footwear has paid regular dividends to its shareholders from 2013 to 2022. The dividends have been paid annually. The company did not pay a dividend in 2017. 

Bonus shares were issued by Relaxo Footwear in 2019. There is no upcoming announcement of bonus shares being issued by the company.