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The Economic Times
The Economic Times
Business
Debaroti Adhikary

Relaxo Footwears jumps 14%, snaps 3-day losing streak. What should investors do now?

The shares of Relaxo Footwears rallied around 14% on Friday, snapping a three-session losing streak. The gains were driven by strong buying interest at key technical levels, supported by healthy trading volumes. The rally added nearly Rs 1,255 crore to the company's market capitalisation.

The stock surged to Rs 417 apiece on the NSE. If it sustains the gains until the close, Friday could mark its best single-day performance in nearly two months.

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