Raymond hits new 52-week high on reporting around 5-fold jump in Q3 consolidated net profit
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Raymond is currently trading at Rs. 791.35, up by 7.40 points or 0.94% from its previous closing of Rs. 783.95 on the BSE.
The scrip opened at Rs. 795.10 and has touched a high and low of Rs. 818.25 and Rs. 771.80 respectively. So far 144466 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 818.25 on 27-Jan-2022 and a 52 week low of Rs. 310.00 on 23-Apr-2021.
Last one week high and low of the scrip stood at Rs. 818.25 and Rs. 716.20 respectively. The current market cap of the company is Rs. 5164.12 crore.
The promoters holding in the company stood at 49.04%, while Institutions and Non-Institutions held 14.24% and 36.72% respectively.
Raymond has reported over 18-fold jump in its net profit at Rs 144.53 crore for the quarter ended December 31, 2021 as compared to Rs 7.93 crore for the same quarter in the previous year. Total income of the company increased by 70.71% at Rs 1,216.14 crore for Q3FY22 as compared Rs 712.40 crore for the corresponding quarter previous year.
