Raymond moves up on planning to raise funds via NCDs

19 May 2020 Evaluate
Raymond is currently trading at Rs. 216.20, up by 0.45 points or 0.21% from its previous closing of Rs. 215.75 on the BSE.

The scrip opened at Rs. 219.80 and has touched a high and low of Rs. 219.80 and Rs. 215.60 respectively. So far 3867 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 868.80 on 28-May-2019 and a 52 week low of Rs. 209.50 on 30-Mar-2020.

Last one week high and low of the scrip stood at Rs. 235.45 and Rs. 212.45 respectively. The current market cap of the company is Rs. 1479.42 crore.

The promoters holding in the company stood at 46.78%, while Institutions and Non-Institutions held 21.39% and 31.83% respectively.

Raymond is planning to raise funds by way of issue of Non-Convertible Debentures (NCDs) aggregating up to an amount not exceeding Rs 100 crore on private placement basis. The said NCDs are proposed to be listed on NSE’s WDM Segment.  The meeting of the Board of Directors of the company is scheduled on May 21, 2020, to consider the same.

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.

Raymond Share Price

1808.50 2.45 (0.14%)
28-Mar-2024 16:01 View Price Chart
Peers
Company Name CMP
Raymond 1808.50
Siyaram Silk Mills 435.50
Manomay Tex India 171.00
Ludlow Jute &Special 83.80
KG Denim 25.15
View more..
© 2024 The Alchemists Ark Pvt. Ltd. All rights reserved. MoneyWorks4Me ® is a registered trademark of The Alchemists Ark Pvt.Ltd.