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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Diksha 2022-08-12 20:02:43
I think bad results are already discounted. stock is 45%down from 52 week High
Login & Reply Like(0) Dislike(0) Repost SpamAnku3036 2022-08-12 16:57:21
Very Horrible results... Profits down 80% .... Margins significantly compressed... PE at this rate of profits will be above 75. Highly overvalued stock. Massive selling expected when markets open on Tuesday... Should go below 100.
Login & Reply Like(0) Dislike(0) Repost SpamChat_With_Sonam 2022-06-24 14:32:02
Mr/Ms. Momo Bhai can you please elaborate on the recent message you posted on the forum . I am not able to correlate the vinati organic company and CFS how does it have an impact? please enlighten us on that part sir.
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