Raymond is currently trading at Rs. 752.40, up by 5.75 points or 0.77% from its previous closing of Rs. 746.65 on the BSE.
The scrip opened at Rs. 743.00 and has touched a high and low of Rs. 758.30 and Rs. 739.00 respectively. So far 16532 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 1151.70 on 02-May-2018 and a 52 week low of Rs. 593.55 on 09-Oct-2018.
Last one week high and low of the scrip stood at Rs. 829.00 and Rs. 736.15 respectively. The current market cap of the company is Rs. 4633.33 crore.
The promoters holding in the company stood at 44.08%, while Institutions and Non-Institutions held 25.74% and 30.18% respectively.
The Union textile ministry has signed agreements with leading clothing/textile players like Raymond, Welspun, Titan, Reliance Retail and the Sachin Tendulkar-promoted True Blue, under which these companies will procure more from the weavers directly. The initiative aims at exploring the synergy between culture and textiles and the initiative will be extended to rest of the country.
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.
