Raymond stocks: Buy Raymond, target price Rs 2585: Motilal Oswal
Raymond Ltd. key Products/Revenue Segments include Textiles, Apparel, Income From Real Estate Development, Others for the year ending 31-Mar-2023.
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Raymond Ltd. key Products/Revenue Segments include Textiles, Apparel, Income From Real Estate Development, Others for the year ending 31-Mar-2023.
Raymond reported an 18% rise in fourth-quarter profit on Friday, buoyed by strong demand for its real-estate segment. Its revenue from operations rose 21% in the quarter.
Raymond Ltd has appointed Gautam Singhania as the managing director of the company for a term of five years, beginning from July 1, 2024.
In Q4, the firm's consolidated revenue from operations rose 21 percent to Rs 2,609 crore
Q4 Results FY2024 today: Around 50 listed companies post their earnings for the fourth quarter that ended on March 31, 2024. Adani Green Energy, Godrej Properties, Tata Technologies, Titan Company and Britannia Ind are among top 50 companies scheduled to post earnings.