Raymond surges as FIIs raise stake to 6.68% in Q2FY16

21 Oct 2015

Raymond is currently trading at Rs. 444.65, up by 5.30 points or 1.21% from its previous closing of Rs. 439.35 on the BSE.

The scrip opened at Rs. 440.90 and has touched a high and low of Rs. 449.10 and Rs. 440.50 respectively. So far 6899 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 579.50 on 09-Dec-2014 and a 52 week low of Rs. 360.05 on 25-Aug-2015.

Last one week high and low of the scrip stood at Rs. 465.95 and Rs. 433.25 respectively. The current market cap of the company is Rs. 2737.59 crore.

The promoters holding in the company stood at 40.82% while Institutions and Non-Institutions held 20.09% and 37.77% respectively.

Foreign institutional investors (FIIs) have raised their stake in Raymond by 18 basis points to 6.68 percent in Q2FY16 from 6.5 percent in Q1FY16. However, the domestic institutional investors (DIIs) have reduced their shareholding in the company by 23 basis points to 13.42 percent at the end of September 2015 quarter from 13.65 percent as on June 30, 2015.

Meanwhile, non institutions were holding 37.77 percent stake at the end of September 2015 quarter, down 16 basis points from 37.93 percent as on June 30, 2015, while the corporate bodies were holding 10.05 percent stake at the end of September 2015 quarter, down 70 basis points from 10.75 percent as on June 30, 2015.

Further, the promoters have raised shareholding in the company by 21 basis points to 40.82 percent at the end of September 2015 quarter from 40.61 percent as on June 30, 2015.

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 38 million meters of wool & wool-blended fabrics.

 

 

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Raymond Share Price

718.85 -22.70 (-3.06%) Nov 18, 18:01
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Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323
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