Raymond gains on turning black in Q2
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Raymond is currently trading at Rs. 460.50, up by 2.40 points or 0.52% from its previous closing of Rs. 458.10 on the BSE.
The scrip opened at Rs. 470.00 and has touched a high and low of Rs. 470.00 and Rs. 457.50 respectively. So far 28026 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 486.25 on 18-Oct-2021 and a 52 week low of Rs. 268.10 on 30-Oct-2020.
Last one week high and low of the scrip stood at Rs. 470.00 and Rs. 435.90 respectively. The current market cap of the company is Rs. 3070.38 crore.
The promoters holding in the company stood at 49.12%, while Institutions and Non-Institutions held 11.40% and 39.48% respectively.
Raymond has reported net profit at Rs 28.24 crore for the quarter ended September 30, 2021 as compared to net loss of Rs 66.94 crore for the same quarter in the previous year. Total income of the company reported above 2- fold jump at Rs 845.27 crore for Q2FY22 as compared Rs 291.02 crore for the corresponding quarter previous year.
On the consolidated basis, the company has reported net profit attributed to the owners at Rs 53.26 crore for the quarter ended September 30, 2021 as compared to net loss of Rs 133.03 crore for the same quarter in the previous year. Total income of the company reported 2- fold jump at Rs 1583.26 crore for Q2FY22 as compared Rs 732.34 crore for the corresponding quarter previous year.
