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Raymond trades higher on the bourses

31 Jul 2014 Evaluate

Raymond is currently trading at Rs. 423.00, up by 4.65 points or 1.11% from its previous closing of Rs. 418.35 on the BSE.

The scrip opened at Rs. 420.90 and has touched a high and low of Rs. 424.90 and Rs. 417.85 respectively. So far 11910 shares were traded on the counter.

The BSE group 'B ' stock of face value Rs. 10 has touched a 52 week high of Rs. 470.00 on 21-Jul-2014 and a 52 week low of Rs. 176.40 on 28-Aug-2013.

Last one week high and low of the scrip stood at Rs. 447.70 and Rs. 402.50 respectively. The current market cap of the company is Rs. 2584.13 crore.

The promoters holding in the company stood at 40.20% while Institutions and Non-Institutions held 24.68% and 33.78% respectively.

Textile company Raymond is reportedly planning to launch an e-commerce venture this quarter. Its personalised tailoring division, under the ‘made-to-measure’ business segment, will also be a part of the venture. Though the company’s Website has online sales, the ‘made-to-measure’ business segment will be restricted to the personal care range of group company JK Helene Curtis, deodorant brands under Park Avenue and Raymond, and the shampoo brand under Park Avenue.

Further, the company is now looking at expanding and renovating its offline stores. It is planning to add 150 new stores in the coming quarters, mainly for its exclusive Park Avenue, ColorPlus and MTM stores. Another 50-odd Raymond shops will be renovated.

Raymond is one of India’s largest branded fabric and fashion retailers. It is one of the leading, integrated producers of suiting fabric in the world, with a capacity of producing 31 million meters of wool & wool-blended fabrics.

Raymond Share Price

434.45 13.25 (3.15%)
21-Apr-2026 09:42 View Price Chart
Peers
Company Name CMP
Interglobe Aviation 4724.00
SpiceJet 13.42
Raymond 434.45
Global Vectra Helico 197.50
Taneja Aerospace 280.40
View more..

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