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...
Live Comments
sonya 2024-10-03 11:25:20
The unfortunate part is that the borrowing appeared in FY24 but no interest liability could be seen in march24 quarter and June24 quarter. It is pretty clear that the amount was an entry for right issue approval. This is STRONG SELL
Login & Reply Like(0) Dislike(0) Repost Spamparvin 2022-09-02 09:17:00
The only thing is that operators are in buying mode , so no clear direction and they are trying to create panic to grab the shares from retail investors.
Login & Reply Like(0) Dislike(0) Repost SpamDUDU 2022-08-03 10:24:27
Buy and accumulate until next week, Results will be good and after Result another rally will start with continuous series of UC.
Login & Reply Like(0) Dislike(0) Repost Spam