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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SEMU 2022-07-20 17:04:28
it has very good business with strong revenue turnover, only debt is hurting its profit margin. If it manages to get any PE investment of 800 crs then its debt equity ratio can come down to zero approx and its share price can zoom towards 1200.
Login & Reply Like(0) Dislike(0) Repost SpamProfitGainer01 2022-07-10 10:38:04
it has very good business with strong revenue turnover, only debt is hurting its profit margin. If it manages to get any PE investment of 800 crs then its debt equity ratio can come down to zero approx and its share price can zoom towards 1200.
Login & Reply Like(0) Dislike(0) Repost SpamPalkin 2021-09-18 13:08:43
Strong market support in nifty will move towards new high
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