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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Chat_With_Sonam 2022-07-23 12:11:53
Company posted quarterly loss. they will again post losses in 2nd quarter. 3rd Q will be the game changer. Company has significant plans and the expansion is going under way. start of the 3rd Q, will get orders in various products. revenue will grow many folds from here. 70 percent chances the stock will become Multi bagger. nothing much to loss bt very huge to earn. If some strategic investor has bought it at 20 then surely something big n positive with the company. think twice
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