Raymond Ltd., incorporated in the year 1925, is a Mid Cap company (having a market cap of Rs 2567.42 Crore) operating in Textiles sector.
Financials
For the quarter ended 31-03-2021, the company reported a Consolidated Total Income of Rs 1407.45 Crore, up 9.40 % from last quarter Total Income of Rs 1286.46 Crore and up 9.03 % from last year same quarter Total Income of Rs 1290.87 Crore. Company reported net profit after tax of Rs 45.75 Crore in latest quarter.
Investment Rationale
After three days of decline, bulls regained momentum on the upside. The appearance of a large bullish candle on comparatively higher volumes warrants a positive outlook for the stock.
(Views and recommendations given in this section are the analysts’ own and do not represent those of ETMarkets.com. Please consult your financial adviser before taking any position in the stock/s mentioned.)
