By Debdeep Gupta | 05 Nov, 2024
Raymond stock jumps 2% on stellar Q2 earnings driven by real estate, engineering gains
Shares of Raymond edged higher amid a weak market after the company reported a substantial rise in consolidated Q2 net profit, doubling year-on-year (YoY) to Rs 59 crore, driven by robust growth in its real estate and engineering businesses.The company's revenue from operations also more than doubled YoY to Rs 1,044.7 crore in Q4FY25, while EBITDA climbed 100 percent YoY to Rs 116 crore. The EBITD...
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anibillon02 2022-08-05 20:19:12
Crude oil prices are going down regularly, its very good for Gokul as it consists 70% of material cost. Profit gonna increase in the 2nd quarter by a lot. Keep adding this gem, its gonna make you all crorepati 😁.
Login & Reply Like(0) Dislike(0) Repost Spamstocknews24 2022-08-04 13:08:14
and one should also see that promoters hold huge chunk of share holding and they are buying more so whoever is selling is retailers one needs to add rather than sell because this share will become expensive later
Login & Reply Like(0) Dislike(0) Repost SpamProfitGainer01 2022-07-29 19:45:12
Very impressive results YoY...check management commentary...quite promising in the wake of inflation and increase in commodity prices.
Login & Reply Like(0) Dislike(0) Repost SpamSurbhi22 2022-06-21 18:10:37
Its extremely undervalued without any doubt...think of long term rather than 1 year. It will grow alongside Adani Wilmar and Ruchi Soya but at a much faster rate than its peers.
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