Current Market Price (CMP): ₹1,638.05
Market Capitalization: ₹10,230 Cr
P/E Ratio (TTM): 1.32
EPS (TTM): ₹1,160.79
P/B Ratio: 2.85
Book Value: ₹539.29
ROE: 7.97%
Dividend Yield: 0.65%
Debt-to-Equity Ratio: 0.26
Face Value: ₹10
Technical Analysis
Raymond Ltd is currently trading at ₹1,638.05. The stock has shown positive momentum, with a 1-week gain of 7.96% and a 1-month gain of 10.90%. However, it remains below its 52-week high of ₹2,380.75, indicating potential room for growth.
Business Overview
Raymond Ltd is a prominent Indian textile, fashion, and lifestyle company with a legacy spanning over 95 years. The company has a diversified portfolio, including textiles, garments, and engineering tools. In June 2024, Raymond completed the demerger of its lifestyle business, leading to the listing of Raymond Lifestyle Ltd (RLL) in September 2024. This strategic move allows Raymond to focus more on its core competencies and streamline operations.
Financial Highlights
Net Profit (FY2024): ₹1,637.75 Cr
Total Income (FY2024): ₹9,285.63 Cr
Q3 FY2024 Net Income: ₹721.30 Cr
Q2 FY2024 Net Income: ₹600.30 Cr
Key Considerations
Valuation: The current P/E ratio of 1.32 is significantly lower than the industry average of 39.97, suggesting potential undervaluation.
Debt Management: A debt-to-equity ratio of 0.26 indicates prudent financial management and a strong balance sheet.
Dividend Policy: With a dividend yield of 0.65%, Raymond provides moderate returns to its shareholders.
Market Position: Post-demerger, Raymond is well-positioned to capitalize on growth opportunities in its core segments.
Summary & Outlook
Resistance broke of 1605 and trying to sustain.
once sustained next rally could be up to 1915.