RELAXO.NSE Relaxo Footwears Ltd.

In Q3, FIIs reduced their stake in Hindustan Unilever to 13.65 percent from the previous quarter's 13.90 percent. Their stake in ITC dropped to 43.26 percent from 43.34 percent, as per the latest shareholding pattern data from exchanges

Motilal Oswal recommended Neutral rating on Relaxo Footwears with a target price of Rs 850 in its research report dated January 31, 2024.