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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sonya 2024-09-16 19:14:38
please be cautious ,I will again say this rise is a trap,it can fall back to 70 again,dont believe on big targets
Login & Reply Like(0) Dislike(0) Repost Spambullgenesys25 2024-04-23 10:27:36
weak stock ,may touch 50 on downside again ,no buying juice
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