Relaxo Footwear: Multibagger Marvel.!
Long-Term Growth Story:Despite its recent performance, the long-term returns of Relaxo Footwear Limited paint a different picture. Over the last year, the stock has shown a modest profit of 9.25 percent. However, its growth becomes remarkable when considering a 120 percent surge over the past 5 years and an outstanding increase of over 1200 percent in the last decade.
Wealth Creation for Investors:In retrospect, the stock has proven to be one of the best multi baggers in the indian market. If an investor had invested Rs 10,000 in Relaxo shares a decade ago and held onto the investment, the value today would be an impressive Rs 1.20 lakh.
Key Fundamentals:As of now, the market value of Relaxo Footwear Limited stands at Rs 20,730 crore. The stock's 52-week high is Rs 974, with a 52-week low of Rs 748. The PE ratio is reported at 102.45, while the dividend yield is at 0.30 percent.