scorecardresearchRelaxo is down 32% from its 52-week high: Should you buy now? Here's what two brokerages have to say

Relaxo is down 32% from its 52-week high: Should you buy now? Here's what two brokerages have to say

Updated: 01 Aug 2022, 01:35 PM IST
TL;DR.
Post the massive correction from its 52-week high, brokerages now see some recovery in the stock. Both Axis Securities and Centrum Broking are bullish on the stock. While Axis has a target of 1,100 for the footwear firm, Centrum sees the stock rising to 1,057.
Post the massive correction from its 52-week high, brokerages now see some recovery in the stock. Both Axis Securities and Centrum Broking re bullish on the stock. While Axis has a target of  <span class='webrupee'>₹</span>1,100 for the footwear firm, Centrum sees the stock rising to  <span class='webrupee'>₹</span>1,057.

Post the massive correction from its 52-week high, brokerages now see some recovery in the stock. Both Axis Securities and Centrum Broking re bullish on the stock. While Axis has a target of 1,100 for the footwear firm, Centrum sees the stock rising to 1,057.