Raymond has posted Q3FY10 Results
Raymond buzzing on the back of strong Q3 nos; net sales (YoY) at Rs 372.3 Cr Vs Rs 354.5 Cr, net profit at Rs 42.6 Cr Vs net loss of Rs 15.2 Cr
Raymond has posted a healthy Q3FY10 numbers. Net sales of the company stood up 5.02% (YoY) at Rs 372.3 crore Vs Rs 354.5 crore and net profit stood at Rs 42.6 crore Vs net loss of Rs 15.2 crore.
The stock is reacting to the positive numbers from the company is trading up over 16%. Raymond touched a 52-week high of Rs 271.75 in today’s trade. The stock touched an intra day high of Rs 271.75 and an intra day low of Rs 234 and at 10:25 AM, the share was quoting at Rs 268.50, up Rs 38.55, or 16.76%, trading with volumes of 1,253,344 shares, compared to its 5-day average of 136,618 shares, an increase of 817.41%.
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