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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deep1985 2022-08-29 13:48:35
volumes not picking up it may come down , Due to low volumes but price Tgt is 1045 plus
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BUY Maithan alloys...accumulate and sell only near 1200. It will hit upper circuit in coming days.
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