Stock market today, April 4 -- Market volatility is a normal part of investing, with stock prices often rising or falling in response to changing business fundamentals, economic conditions, or investor sentiment. At times, negative triggers such as earnings slowdown, tepid consumer demand, or margin pressure can weigh heavily on specific stocks.

Relaxo Footwear is one such stock in this regard, having faced prolonged selling pressure that has led to a sharp decline in its share price and substantial erosion of shareholder wealth.

The company's shares have closed in the red for 14 out of the last 19 months, losing 58% of their value to trade at the current level of Rs.415 apiece. This crash has also brought the stock to trade 72% lower f...