Raymond inches up on getting nod to raise up to Rs 200 crore via NCDs

22 Jan 2021

Raymond is currently trading at Rs. 332.95, up by 0.05 points or 0.02% from its previous closing of Rs. 332.90 on the BSE.

The scrip opened at Rs. 336.70 and has touched a high and low of Rs. 336.70 and Rs. 330.65 respectively. So far 6140 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 705.90 on 23-Jan-2020 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. 345.65 and Rs. 328.40 respectively. The current market cap of the company is Rs. 2231.22 crore.

The promoters holding in the company stood at 48.27%, while Institutions and Non-Institutions held 10.76% and 40.98% respectively.

Raymond has received an approval for raising up to Rs 200 crore through non-convertible debentures (NCDs) on a private placement basis. The board of the company has approved 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.



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Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323